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Monday, December 23, 2024

Flossmoor home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Flossmoor rose by $51,250 while total sales increased by 15.8%, according to BlockShopper.com.

In March 2017, there were 22 homes sold, with a median sale price of $201,250 - a 34.2% increase over the $150,000 median sale price for the same period of the previous year. There were 19 homes sold in Flossmoor in March 2016.

The median sales tax in Flossmoor for 2017 was $8,492. In 2016, the median sales tax was $8,255. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.2%.

The following table compares Flossmoor 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)
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%
Flossmoor221915.8%$201,250$150,00034.2%
Bridgeview16156.7%$200,000$160,00025%
Westchester2124-12.5%$200,000$186,5007.2%
Evergreen Park2225-12%$196,500$154,00027.6%
Burbank20195.3%$193,750$122,00058.8%
Rolling Meadows291952.6%$193,000$216,000-10.6%

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