From July to September, 4 homes sold in Preston Heights for a median price of $84,500. That's 47.9 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Preston Heights.
Median property tax for homeowners in Preston Heights was $2,255.10 in 2017 according to tax data from that year. That means homeowners pay 1.4 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
12
$89,447
-
2010
10
$65,746
-26.5%
2011
4
$50,003
-23.9%
2012
4
$144,003
188%
2013
14
$46,860
-67.5%
2014
7
$84,800
81%
2015
9
$74,200
-12.5%
2016
8
$93,345
25.8%
2017
3
$162,180
73.7%
2018
4
$84,500
-47.9%
Median property tax
Median sale price
Effective property tax rate
2010
$1,756.03
$65,746
2.7%
2011
$1,951.75
$50,003
3.9%
2012
$2,414.66
$144,003
1.7%
2013
$1,949.68
$46,860
4.2%
2014
$1,691.46
$84,800
2%
2015
$2,867.42
$74,200
3.9%
2016
$2,276.07
$93,345
2.4%
2017
$2,255.09
$162,180
1.4%
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