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Monday, December 23, 2024

Willow Springs (Cook County) home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Willow Springs in Cook County rose by $5,000 while total sales increased by 350%, according to BlockShopper.com.

In March 2017, there were nine homes sold, with a median sale price of $210,000 - a 2.4% increase over the $205,000 median sale price for the same period of the previous year. There were two homes sold in Willow Springs in March 2016.

The median sales tax in Willow Springs for 2017 was $6,243. In 2016, the median sales tax was $5,883. This marks an increase of 6.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Willow Springs to other Cook County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
North Riverside131030%$226,500$217,5004.1%
Olympia Fields710-30%$225,500$166,25035.6%
Hickory Hills1013-23.1%$222,500$193,50015%
River Grove141040%$212,000$130,25062.8%
Orland Hills7616.7%$210,000$223,750-6.1%
Willow Springs92350%$210,000$205,0002.4%
Buffalo Grove22220%$208,000$207,7500.1%
Schiller Park14137.7%$208,000$144,00044.4%
Bartlett1922-13.6%$206,500$243,750-15.3%
Berwyn724656.5%$204,000$150,75035.3%
Elmwood Park262218.2%$202,750$139,00045.9%
* This story only considers sales data for the part of Willow Springs that is in Cook County.

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