From October to December, 59 homes sold in Manhattan for a median price of $247,500. That's 12.5 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Manhattan.
Median property tax for homeowners in Manhattan was $4,710.93 in 2017 according to tax data from that year. That means homeowners pay 1.7 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
44
$209,439
-
2010
27
$181,260
-13.5%
2011
37
$209,950
15.8%
2012
45
$163,500
-22.1%
2013
76
$199,096
21.8%
2014
44
$206,432
3.7%
2015
57
$216,134
4.7%
2016
73
$239,400
10.8%
2017
68
$282,999
18.2%
2018
59
$247,500
-12.5%
Median property tax
Median sale price
Effective property tax rate
2010
$5,455.72
$181,260
3%
2011
$6,804.27
$209,950
3.2%
2012
$5,344.57
$163,500
3.3%
2013
$5,648.82
$199,096
2.8%
2014
$4,033.46
$206,432
2%
2015
$5,444.16
$216,134
2.5%
2016
$2,248.15
$239,400
0.9%
2017
$4,710.93
$282,999
1.7%
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