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Monday, May 13, 2024

East Hazel Crest home prices fall in the first quarter of 2017

Realestate5

The median sale price of a home sold in the first quarter of 2017 in East Hazel Crest fell by $21,750 while total sales decreased by 71.4%, according to BlockShopper.com.

From January through March of 2017, there were two homes sold, with a median sale price of $38,250 - a 36.3% decrease over the $60,000 median sale price for the same period of the previous year. There were seven homes sold in East Hazel Crest in the first quarter of 2016.

The median sales tax in East Hazel Crest for 2017 was $3,723.71. In 2016, the median sales tax was $3,537. This marks an increase of 5.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 9.7%.

The following table compares East Hazel Crest to other Cook County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Calumet City13410824.1%$58,000$44,25031.1%
Markham443525.7%$55,250$40,00038.1%
Dixmoor45-20%$42,750$25,00071%
Robbins710-30%$42,500$25,25068.3%
Dolton966157.4%$42,250$36,00017.4%
Park Forest6173-16.4%$40,000$33,00021.2%
East Hazel Crest27-71.4%$38,250$60,000-36.3%
Riverdale2024-16.7%$37,250$28,75029.6%
Sauk Village553652.8%$33,000$30,7507.3%
Harvey3445-24.4%$25,500$28,000-8.9%
Ford Heights12-50%$2,500$15,000-83.3%

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