From April to June, 18 homes sold in University Park for a median price of $45,500. That's 18.2 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in University Park.
Median property tax for homeowners in University Park was $5,214.67 in 2017 according to tax data from that year. That means homeowners pay 9.4 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.
University Park real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
45
$52,709
-
2010
35
$58,140
10.3%
2011
20
$92,660
59.4%
2012
32
$57,198
-38.3%
2013
29
$68,040
19%
2014
46
$55,650
-18.2%
2015
23
$63,611
14.3%
2016
19
$90,300
42%
2017
18
$55,616
-38.4%
2018
18
$45,500
-18.2%
Median property tax
Median sale price
Effective property tax rate
2010
$5,067.71
$58,140
8.7%
2011
$4,335.60
$92,660
4.7%
2012
$4,966.93
$57,198
8.7%
2013
$5,052.82
$68,040
7.4%
2014
$4,987.26
$55,650
9%
2015
$4,521
$63,611
7.1%
2016
$5,380.51
$90,300
6%
2017
$5,214.66
$55,616
9.4%
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