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Tuesday, November 26, 2024

Orland Park (Cook County) home prices rise in February 2017

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The median sale price of a home sold in February 2017 in Orland Park in Cook County rose by $16,500 while total sales decreased by 12.1%, according to BlockShopper.com.

In February 2017, there were 51 homes sold, with a median sale price of $235,000 - a 7.6% increase over the $218,500 median sale price for the same period of the previous year. There were 58 homes sold in Orland Park in February 2016.

The median sales tax in Orland Park for 2017 was $5,838. In 2016, the median sales tax was $5,603. This marks an increase of 4.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Orland Park to other Cook County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Prospect Heights912-25%$250,000$159,50056.7%
Flossmoor12850%$239,750$144,00066.5%
Elmhurst110%$239,000$190,00025.8%
Niles332343.5%$237,500$200,00018.8%
North Riverside7475%$235,000$200,50017.2%
Orland Park5158-12.1%$235,000$218,5007.6%
Harwood Heights69-33.3%$226,250$225,0000.6%
Bartlett1622-27.3%$225,250$175,50028.3%
Berwyn4755-14.5%$220,000$158,00039.2%
Rolling Meadows201625%$215,750$187,25015.2%
Elk Grove Village2126-19.2%$214,000$189,75012.8%
* This story only considers sales data for the part of Orland Park that is in Cook County.

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