From April to June, 13 homes sold in Riverwoods for a median price of $615,000. That's 10 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 1 home in Riverwoods was in foreclosure.
Median property tax for homeowners in Riverwoods was $16,406.72 in 2017 according to tax data from that year. That means homeowners pay 2.4 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.
Riverwoods real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
8
$998,888
-
2010
11
$657,780
-34.1%
2011
11
$791,000
20.3%
2012
15
$599,500
-24.2%
2013
18
$619,650
3.4%
2014
16
$722,390
16.6%
2015
16
$742,000
2.7%
2016
17
$682,500
-8%
2017
17
$683,400
0.1%
2018
13
$615,000
-10%
Median property tax
Median sale price
Effective property tax rate
2009
$20,102.76
$998,888
2%
2010
$15,379.48
$657,780
2.3%
2011
$17,541.41
$791,000
2.2%
2012
$14,201.55
$599,500
2.4%
2013
$15,173.95
$619,650
2.4%
2014
$15,490.61
$722,390
2.1%
2015
$17,900.10
$742,000
2.4%
2016
$15,314.68
$682,500
2.2%
2017
$16,406.72
$683,400
2.4%
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