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Friday, April 19, 2024

Matteson (Cook County) home prices fall in January 2017

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The median sale price of a home sold in January 2017 in Matteson in Cook County fell by $27,000 while total sales increased by 88.2%, according to BlockShopper.com.

In January 2017, there were 32 homes sold, with a median sale price of $117,500 - a 18.7% decrease over the $144,500 median sale price for the same period of the previous year. There were 17 homes sold in Matteson in January 2016.

The median sales tax in Matteson for 2017 was $5,560. In 2016, the median sales tax was $5,327. This marks an increase of 4.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.7%.

The following table compares Matteson 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)
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%
Blue Island171513.3%$105,000$55,50089.2%
* This story only considers sales data for the part of Matteson that is in Cook County.

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