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Sunday, July 20, 2025

Q3 real estate sales report: Loves Park

Realestate4

Median prices rose in Loves Park over last year, and are down 18.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 101 homes sold in Loves Park for a median price of $111,000. That's 22.6 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 9 homes in Loves Park were in foreclosure.

Median property tax for homeowners in Loves Park 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.

Loves Park real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
91
$135,720
-
2010
62
$107,730
-20.6%
2011
59
$98,310
-8.7%
2012
68
$102,733
4.5%
2013
81
$98,394
-4.2%
2014
96
$94,340
-4.1%
2015
100
$88,510
-6.2%
2016
105
$123,900
40%
2017
102
$90,525
-26.9%
2018
101
$111,000
22.6%

Median property tax
Median sale price
Effective property tax rate
2009
$3,485.03
$135,720
2.6%
2010
$3,087.50
$107,730
2.9%
2011
$2,788.27
$98,310
2.8%
2012
$3,295.50
$102,733
3.2%
2013
$3,521.51
$98,394
3.6%
2014
$3,350.53
$94,340
3.6%
2015
$3,546.94
$88,510
4%
2016
$3,980.65
$123,900
3.2%
2017
$3,060.61
$90,525
3.4%
2018
$0
$111,000
0%

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