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South Cook News

Tuesday, December 24, 2024

Sauk Village (Cook County) home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Sauk Village in Cook County rose by $2,250 while total sales increased by 52.8%, according to BlockShopper.com.

From January through March of 2017, there were 55 homes sold, with a median sale price of $33,000 - a 7.3% increase over the $30,750 median sale price for the same period of the previous year. There were 36 homes sold in Sauk Village in the first quarter of 2016.

The median sales tax in Sauk Village for 2017 was $2,523.35. In 2016, the median sales tax was $2,487.10. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 7.6%.

The following table compares Sauk Village 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%
* This story only considers sales data for the part of Sauk Village that is in Cook County.

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