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Friday, April 26, 2024

Hometown home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Hometown rose by $17,500 while total sales decreased by 55.6%, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $117,500 - a 17.5% increase over the $100,000 median sale price for the same period of the previous year. There were nine homes sold in Hometown in January 2016.

The median sales tax in Hometown for 2017 was $3,016. In 2016, the median sales tax was $2,980. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Hometown 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)
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%
Country Club Hills231921.1%$110,000$85,00029.4%

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