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Sunday, May 12, 2024

Hazel Crest home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Hazel Crest rose by $6,250 while total sales decreased by 20.8%, according to BlockShopper.com.

In March 2017, there were 19 homes sold, with a median sale price of $75,000 - a 9.1% increase over the $68,750 median sale price for the same period of the previous year. There were 24 homes sold in Hazel Crest in March 2016.

The median sales tax in Hazel Crest for 2017 was $3,643. In 2016, the median sales tax was $3,348. This marks an increase of 8.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.9%.

The following table compares Hazel Crest 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)
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%
Posen26-66.7%$69,250$78,000-11.2%
Robbins34-25%$67,000$23,250188.2%
Lansing433813.2%$65,000$82,250-21%
Chicago Ridge12120%$60,750$66,750-9%
Chicago Heights28280%$60,000$52,75013.7%

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