From April to June, 43 homes sold in Grandwood Park for a median price of $264,000. That's 15.8 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 1 home in Grandwood Park was in foreclosure.
Median property tax for homeowners in Grandwood Park was $6,507.42 in 2017 according to tax data from that year. That means homeowners pay 2.9 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.
Grandwood Park real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$391,950
-
2010
15
$393,300
0.3%
2011
13
$303,405
-22.9%
2012
17
$141,155
-53.5%
2013
26
$153,630
8.8%
2014
22
$329,395
114.4%
2015
22
$276,660
-16%
2016
28
$252,000
-8.9%
2017
27
$227,970
-9.5%
2018
43
$264,000
15.8%
Median property tax
Median sale price
Effective property tax rate
2009
$9,630.42
$391,950
2.5%
2010
$9,552.26
$393,300
2.4%
2011
$7,800.41
$303,405
2.6%
2012
$5,086.28
$141,155
3.6%
2013
$4,725.30
$153,630
3.1%
2014
$11,013.98
$329,395
3.3%
2015
$9,085.74
$276,660
3.3%
2016
$7,570.95
$252,000
3%
2017
$6,507.41
$227,970
2.9%
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