From October to December, 22 homes sold in Lynwood for a median price of $173,500. That's 30.8 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Lynwood.
Median property tax for homeowners in Lynwood was $4,712.27 in 2017 according to tax data from that year. That means homeowners pay 3.6 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
21
$152,100
-
2010
19
$156,180
2.7%
2011
20
$128,255
-17.9%
2012
24
$109,000
-15%
2013
40
$117,720
8%
2014
30
$137,005
16.4%
2015
16
$95,400
-30.4%
2016
32
$127,050
33.2%
2017
21
$132,600
4.4%
2018
22
$173,500
30.8%
Median property tax
Median sale price
Effective property tax rate
2009
$6,072.25
$152,100
4%
2010
$4,525.07
$156,180
2.9%
2011
$5,474.81
$128,255
4.3%
2012
$4,537.71
$109,000
4.2%
2013
$4,500.63
$117,720
3.8%
2014
$4,728.28
$137,005
3.5%
2015
$3,519.18
$95,400
3.7%
2016
$4,975.51
$127,050
3.9%
2017
$4,712.26
$132,600
3.6%
Alerts Sign-up