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South Cook News

Tuesday, November 26, 2024

Evergreen Park home prices rise in February 2017

Realestate4

The median sale price of a home sold in February 2017 in Evergreen Park rose by $10,000 while total sales decreased by 9.1%, according to BlockShopper.com.

In February 2017, there were 20 homes sold, with a median sale price of $158,500 - a 6.7% increase over the $148,500 median sale price for the same period of the previous year. There were 22 homes sold in Evergreen Park in February 2016.

The median sales tax in Evergreen Park for 2017 was $4,530. In 2016, the median sales tax was $4,179. This marks an increase of 8.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Evergreen 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)
Melrose Park171154.5%$163,500$149,0009.7%
Justice57-28.6%$163,000$125,00030.4%
Burbank1720-15%$162,000$135,75019.3%
Buffalo Grove251931.6%$161,000$179,000-10.1%
Broadview49-55.6%$160,000$120,00033.3%
Evergreen Park2022-9.1%$158,500$148,5006.7%
Wheeling2126-19.2%$158,000$165,000-4.2%
Schaumburg4975-34.7%$157,000$162,000-3.1%
Oak Lawn62595.1%$157,000$125,00025.6%
Franklin Park171421.4%$150,000$148,0001.4%
Merrionette Park110%$145,000$76,00090.8%

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