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South Cook News

Tuesday, November 26, 2024

Orland Hills home prices rise in February 2017

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The median sale price of a home sold in February 2017 in Orland Hills rose by $2,750 while total sales increased by 50%, according to BlockShopper.com.

In February 2017, there were six homes sold, with a median sale price of $200,250 - a 1.4% increase over the $197,500 median sale price for the same period of the previous year. There were four homes sold in Orland Hills in February 2016.

The median sales tax in Orland Hills for 2017 was $5,048. In 2016, the median sales tax was $4,778. This marks an increase of 5.7%. 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 Hills 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)
Elk Grove Village2126-19.2%$214,000$189,75012.8%
Palatine705429.6%$212,500$210,0001.2%
Des Plaines6680-17.5%$208,500$160,00030.3%
River Forest14875%$206,000$512,500-59.8%
Hoffman Estates3144-29.5%$205,000$185,00010.8%
Orland Hills6450%$200,250$197,5001.4%
Countryside105100%$198,500$135,00047%
Brookfield251478.6%$190,000$186,0002.2%
Stickney7475%$190,000$171,25010.9%
Palos Heights813-38.5%$187,000$196,000-4.6%
Streamwood4554-16.7%$185,000$157,25017.6%

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