From October to December, 4 homes sold in Preston Heights for a median price of $140,075. That's 61.6 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 1 home in Preston Heights was in foreclosure.
Median property tax for homeowners in Preston Heights was $3,445.87 in 2017 according to tax data from that year. That means homeowners pay 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$111,948
-
2010
4
$30,495
-72.8%
2011
11
$46,895
53.8%
2012
4
$43,395
-7.5%
2013
13
$41,880
-3.5%
2014
9
$47,700
13.9%
2015
10
$39,856
-16.4%
2016
7
$115,500
189.8%
2017
5
$86,700
-24.9%
2018
4
$140,075
61.6%
Median property tax
Median sale price
Effective property tax rate
2010
$2,065.61
$30,495
6.8%
2011
$2,000.64
$46,895
4.3%
2012
$1,316.04
$43,395
3%
2013
$1,871.25
$41,880
4.5%
2014
$2,290.72
$47,700
4.8%
2015
$2,010.10
$39,856
5%
2016
$2,582.39
$115,500
2.2%
2017
$3,445.86
$86,700
4%
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