From July to September, 3 homes sold in Meadowbrook for a median price of $87,000. That's 436.4 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Meadowbrook.
Median property tax for homeowners in Meadowbrook was $2,249.26 in 2017 according to tax data from that year. That means homeowners pay 13.9 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Meadowbrook real estate: Q3 2012-2018
Properties sold
Median sale price
Change in sale price
2012
3
$57,770
-
2013
4
$76,626
32.6%
2014
4
$79,500
3.8%
2015
4
$110,240
38.7%
2016
2
$51,660
-53.1%
2017
4
$16,221
-68.6%
2018
3
$87,000
436.4%
Median property tax
Median sale price
Effective property tax rate
2012
$492.22
$57,770
0.9%
2013
$823.37
$76,626
1.1%
2014
$1,781.09
$79,500
2.2%
2015
$2,471.49
$110,240
2.2%
2016
$1,020.41
$51,660
2%
2017
$2,249.26
$16,221
13.9%
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