From July to September, 5 homes sold in Knollwood for a median price of $285,000. That's 22.1 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 1 home in Knollwood was in foreclosure.
Median property tax for homeowners in Knollwood was $7,445.68 in 2017 according to tax data from that year. That means homeowners pay 2 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.
Knollwood real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
1
$386,100
-
2010
5
$376,200
-2.6%
2011
3
$254,250
-32.4%
2012
5
$354,250
39.3%
2013
8
$349,110
-1.5%
2014
7
$233,200
-33.2%
2015
6
$314,820
35%
2016
10
$261,450
-17%
2017
6
$365,670
39.9%
2018
5
$285,000
-22.1%
Median property tax
Median sale price
Effective property tax rate
2009
$6,151.67
$386,100
1.6%
2010
$6,685.68
$376,200
1.8%
2011
$4,934.11
$254,250
1.9%
2012
$7,023.49
$354,250
2%
2013
$5,947.53
$349,110
1.7%
2014
$5,091.41
$233,200
2.2%
2015
$7,112.25
$314,820
2.3%
2016
$4,897.65
$261,450
1.9%
2017
$7,445.67
$365,670
2%