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Thursday, April 18, 2024

Q2 real estate sales report: Hillcrest

Realestate3

Median prices declined in Hillcrest over last year, and are down 45.5 percent over 2 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 1 home sold in Hillcrest for a price of $79,000. That's 45.5 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in Hillcrest.

Median property tax for homeowners in Hillcrest was $3,808.95 in 2017 according to tax data from that year. That means homeowners pay 2.6 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.

Hillcrest real estate: Q2 2017-2018
Properties sold
Median sale price
Change in sale price
2017
7
$144,840
-
2018
1
$79,000
-45.5%

Median property tax
Median sale price
Effective property tax rate
2017
$3,808.94
$144,840
2.6%

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