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Sunday, May 12, 2024

South Holland home prices rise in March 2017

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The median sale price of a home sold in March 2017 in South Holland rose by $15,750 while total sales increased by 110%, according to BlockShopper.com.

In March 2017, there were 42 homes sold, with a median sale price of $103,500 - a 17.9% increase over the $87,750 median sale price for the same period of the previous year. There were 20 homes sold in South Holland in March 2016.

The median sales tax in South Holland for 2017 was $4,648. In 2016, the median sales tax was $4,435. This marks an increase of 4.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.5%.

The following table compares South Holland to other Cook County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Midlothian231291.7%$115,000$106,5008%
Country Club Hills242020%$113,500$126,250-10.1%
Lyons14955.6%$110,750$92,00020.4%
Thornton440%$106,500$66,25060.8%
Crestwood1521-28.6%$105,000$96,0009.4%
South Holland4220110%$103,500$87,75017.9%
Glenwood1318-27.8%$100,000$79,249.5026.2%
Maywood201717.6%$98,000$73,50033.3%
Hometown45-20%$96,000$84,50013.6%
Steger35-40%$80,000$27,500190.9%
Hazel Crest1924-20.8%$75,000$68,7509.1%

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