From April to June, 5 homes sold in Preston Heights for a median price of $142,000. That's 196.2 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Preston Heights.
Median property tax for homeowners in Preston Heights was $1,643.53 in 2017 according to tax data from that year. That means homeowners pay 3.4 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.
Preston Heights real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$91,600
-
2010
7
$74,100
-19.1%
2011
5
$98,875
33.4%
2012
6
$133,288
34.8%
2013
12
$72,468
-45.6%
2014
10
$32,860
-54.7%
2015
10
$57,004
73.5%
2016
4
$42,000
-26.3%
2017
5
$47,940
14.1%
2018
5
$142,000
196.2%
Median property tax
Median sale price
Effective property tax rate
2010
$4,414.19
$74,100
6%
2011
$1,949.63
$98,875
2%
2012
$3,939.11
$133,288
3%
2013
$2,724.75
$72,468
3.8%
2014
$1,538.88
$32,860
4.7%
2015
$1,762.11
$57,004
3.1%
2016
$1,864.68
$42,000
4.4%
2017
$1,643.52
$47,940
3.4%
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