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Saturday, September 28, 2024

Hickory Hills home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Hickory Hills rose by $6,000 while total sales increased by 46.2%, according to BlockShopper.com.

In January 2017, there were 19 homes sold, with a median sale price of $185,000 - a 3.4% increase over the $179,000 median sale price for the same period of the previous year. There were 13 homes sold in Hickory Hills in January 2016.

The median sales tax in Hickory Hills for 2017 was $5,537. In 2016, the median sales tax was $5,135. This marks an increase of 7.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Hickory Hills 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)
Buffalo Grove3214128.6%$196,500$158,00024.4%
Elmwood Park2122-4.5%$193,500$227,500-14.9%
Flossmoor231376.9%$190,000$150,50026.2%
Berwyn605117.6%$189,500$165,00014.8%
Countryside8714.3%$186,000$345,000-46.1%
Hickory Hills191346.2%$185,000$179,0003.4%
Rolling Meadows25244.2%$180,000$193,500-7%
Schaumburg1007729.9%$176,750$152,00016.3%
Burbank32320%$171,750$188,500-8.9%
Hillside910-10%$170,000$134,50026.4%
Streamwood55533.8%$170,000$150,00013.3%

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