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Wednesday, November 27, 2024

Q2 real estate sales report: Harlem

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Median prices rose in Harlem over last year, and are up 15.1 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 27 homes sold in Harlem for a median price of $202,000. That's 15.1 percent higher than median home sale prices for the second quarter of 2017.

In the second quarter, 1 home in Harlem was in foreclosure.

Median property tax for homeowners in Harlem was $0 in 2018 according to tax data from that year. That means homeowners pay 0 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.

Harlem real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$175,500
-
2010
13
$210,900
20.2%
2011
11
$179,670
-14.8%
2012
16
$184,210
2.5%
2013
19
$170,640
-7.4%
2014
18
$173,575
1.7%
2015
13
$140,842
-18.9%
2016
18
$204,698
45.3%
2017
21
$175,440
-14.3%
2018
27
$202,000
15.1%

Median property tax
Median sale price
Effective property tax rate
2009
$4,247.26
$175,500
2.4%
2010
$5,098.37
$210,900
2.4%
2011
$4,596.59
$179,670
2.6%
2012
$5,703.74
$184,210
3.1%
2013
$4,985.23
$170,640
2.9%
2014
$5,129.56
$173,575
3%
2015
$4,829.50
$140,842
3.4%
2016
$5,186.24
$204,698
2.5%
2017
$5,145.85
$175,440
2.9%
2018
$0
$202,000
0%

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