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Friday, April 19, 2024

South Holland home prices rise in January 2017

Realestate3

The median sale price of a home sold in January 2017 in South Holland rose by $10,750 while total sales increased by 46.9%, according to BlockShopper.com.

In January 2017, there were 47 homes sold, with a median sale price of $118,000 - a 10% increase over the $107,250 median sale price for the same period of the previous year. There were 32 homes sold in South Holland in January 2016.

The median sales tax in South Holland for 2017 was $4,648. In 2016, the median sales tax was $4,435. This marks an increase of 4.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.9%.

The following table compares South Holland 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)
Chicago Ridge211361.5%$128,000$122,0004.9%
Bellwood2329-20.7%$124,000$95,00030.5%
Richton Park201181.8%$123,500$46,000168.5%
Crestwood21205%$120,000$97,75022.8%
Stone Park23-33.3%$119,500$59,500100.8%
South Holland473246.9%$118,000$107,25010%
Hometown49-55.6%$117,500$100,00017.5%
Matteson321788.2%$117,500$144,500-18.7%
Maywood252213.6%$115,000$94,25022%
Alsip261573.3%$111,000$150,000-26%
Worth211275%$110,000$145,000-24.1%

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