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Friday, April 19, 2024

Willow Springs (Cook County) home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Willow Springs in Cook County rose by $113,000 while total sales decreased by 30.8%, according to BlockShopper.com.

In January 2017, there were nine homes sold, with a median sale price of $328,000 - a 52.6% increase over the $215,000 median sale price for the same period of the previous year. There were 13 homes sold in Willow Springs in January 2016.

The median sales tax in Willow Springs for 2017 was $6,243. In 2016, the median sales tax was $5,883. This marks an increase of 6.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Willow Springs to other Cook County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Riverside11922.2%$375,000$165,000127.3%
La Grange Park181612.5%$371,500$280,00032.7%
Glenview554912.2%$360,000$375,000-4%
Lemont1117-35.3%$350,000$455,000-23.1%
Oak Park695525.5%$345,000$344,0000.3%
Willow Springs913-30.8%$328,000$215,00052.6%
Rosemont31200%$325,000$420,000-22.6%
Glenbrook Countryside10-$317,000$0-
Skokie6768-1.5%$290,000$247,50017.2%
Arlington Heights896830.9%$288,000$294,500-2.2%
Palos Park11837.5%$285,000$208,50036.7%
* This story only considers sales data for the part of Willow Springs that is in Cook County.

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