From July to September, 26 homes sold in Lynwood for a median price of $166,250. That's 38.1 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 7 homes in Lynwood were in foreclosure.
Median property tax for homeowners in Lynwood was $5,469 in 2017 according to tax data from that year. That means homeowners pay 4.5 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.
Lynwood real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
21
$157,950
-
2010
27
$196,080
24.1%
2011
21
$135,600
-30.8%
2012
23
$110,090
-18.8%
2013
28
$117,720
6.9%
2014
18
$116,335
-1.2%
2015
31
$148,400
27.6%
2016
27
$154,350
4%
2017
33
$120,360
-22%
2018
26
$166,250
38.1%
Median property tax
Median sale price
Effective property tax rate
2009
$5,926.36
$157,950
3.8%
2010
$6,556.11
$196,080
3.3%
2011
$5,179.99
$135,600
3.8%
2012
$5,517.01
$110,090
5%
2013
$5,184.54
$117,720
4.4%
2014
$4,865.60
$116,335
4.2%
2015
$4,488.78
$148,400
3%
2016
$5,261.07
$154,350
3.4%
2017
$5,468.99
$120,360
4.5%
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