From July through September of 2017, there were 65 homes sold, with a median sale price of $104,500 - a 10% increase over the $95,000 median sale price for the same period of the previous year. There were 71 homes sold in Crestwood in the third quarter of 2016.
The median sales tax in Crestwood for 2017 was $2,430.85. In 2016, the median sales tax was $2,546.80. This marks an decrease of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.
The following table compares Crestwood to other Cook County cities with similar median sales prices in the third quarter of 2017:
| City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glenwood | 32 | 34 | -5.9% | $117,000 | $103,000 | 13.6% |
| Lynwood | 32 | 27 | 18.5% | $114,000 | $147,000 | -22.4% |
| Lansing | 161 | 167 | -3.6% | $110,000 | $105,000 | 4.8% |
| Country Club Hills | 79 | 76 | 3.9% | $110,000 | $111,000 | -0.9% |
| Steger | 23 | 12 | 91.7% | $105,000 | $88,500 | 18.6% |
| Crestwood | 65 | 71 | -8.5% | $104,500 | $95,000 | 10% |
| Blue Island | 66 | 63 | 4.8% | $103,500 | $95,000 | 8.9% |
| Thornton | 14 | 9 | 55.6% | $103,500 | $100,000 | 3.5% |
| Calumet Park | 26 | 21 | 23.8% | $99,500 | $40,500 | 145.7% |
| Chicago Ridge | 39 | 58 | -32.8% | $94,500 | $122,500 | -22.9% |
| Chicago Heights | 84 | 72 | 16.7% | $90,000 | $69,250 | 30% |
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