From October to December, 13 homes sold in Riverwoods for a median price of $670,000. That's 1.8 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Riverwoods.
Median property tax for homeowners in Riverwoods was $14,857.47 in 2017 according to tax data from that year. That means homeowners pay 2.3 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
13
$742,950
-
2010
9
$530,100
-28.6%
2011
7
$604,550
14%
2012
12
$752,100
24.4%
2013
8
$564,300
-25%
2014
15
$662,500
17.4%
2015
12
$643,950
-2.8%
2016
14
$672,525
4.4%
2017
9
$657,900
-2.2%
2018
13
$670,000
1.8%
Median property tax
Median sale price
Effective property tax rate
2009
$15,760.75
$742,950
2.1%
2010
$15,611.17
$530,100
2.9%
2011
$16,587.50
$604,550
2.7%
2012
$14,883.16
$752,100
2%
2013
$12,650.29
$564,300
2.2%
2014
$16,284.44
$662,500
2.5%
2015
$16,721.21
$643,950
2.6%
2016
$15,524.09
$672,525
2.3%
2017
$14,857.47
$657,900
2.3%
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