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Friday, November 22, 2024

Q3 real estate sales report: Chatham

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Median prices declined in Chatham over last year, and are down 4.2 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 67 homes sold in Chatham for a median price of $149,000. That's 13.5 percent lower than median home sale prices for the third quarter of 2017.

In the third quarter, 2 homes in Chatham were in foreclosure.

Median property tax for homeowners in Chatham was $3,280.97 in 2017 according to tax data from that year. That means homeowners pay 1.9 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.

Chatham real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
71
$155,610
-
2010
48
$150,765
-3.1%
2011
58
$163,850
8.7%
2012
59
$156,960
-4.2%
2013
96
$166,746
6.2%
2014
77
$166,420
-0.2%
2015
74
$173,125
4%
2016
67
$165,375
-4.5%
2017
80
$172,321
4.2%
2018
67
$149,000
-13.5%

Median property tax
Median sale price
Effective property tax rate
2009
$2,865.89
$155,610
1.8%
2010
$2,843.66
$150,765
1.9%
2011
$3,459.28
$163,850
2.1%
2012
$3,292.23
$156,960
2.1%
2013
$3,377.95
$166,746
2%
2014
$3,531.07
$166,420
2.1%
2015
$3,844.45
$173,125
2.2%
2016
$3,472.62
$165,375
2.1%
2017
$3,280.97
$172,321
1.9%

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