From April to June, 70 homes sold in Manhattan for a median price of $224,500. That's 10.8 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 1 home in Manhattan was in foreclosure.
Median property tax for homeowners in Manhattan was $6,313.62 in 2017 according to tax data from that year. That means homeowners pay 2.5 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.
Manhattan real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
25
$232,830
-
2010
43
$201,024
-13.7%
2011
29
$197,750
-1.6%
2012
36
$190,505
-3.7%
2013
46
$180,630
-5.2%
2014
56
$221,222
22.5%
2015
45
$213,060
-3.7%
2016
67
$203,373
-4.5%
2017
80
$251,799
23.8%
2018
70
$224,500
-10.8%
Median property tax
Median sale price
Effective property tax rate
2010
$5,822.09
$201,024
2.9%
2011
$6,291.11
$197,750
3.2%
2012
$6,787.96
$190,505
3.6%
2013
$5,660.16
$180,630
3.1%
2014
$6,661.47
$221,222
3%
2015
$6,130.55
$213,060
2.9%
2016
$5,566.26
$203,373
2.7%
2017
$6,313.61
$251,799
2.5%