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South Cook News

Wednesday, December 25, 2024

Crestwood home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Crestwood rose by $9,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In March 2017, there were 15 homes sold, with a median sale price of $105,000 - a 9.4% increase over the $96,000 median sale price for the same period of the previous year. There were 21 homes sold in Crestwood in March 2016.

The median sales tax in Crestwood for 2017 was $2,431. In 2016, the median sales tax was $2,547. This marks an decrease of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Crestwood 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)
Hillside84100%$115,250$121,000-4.8%
Midlothian231291.7%$115,000$106,5008%
Country Club Hills242020%$113,500$126,250-10.1%
Lyons14955.6%$110,750$92,00020.4%
Thornton440%$106,500$66,25060.8%
Crestwood1521-28.6%$105,000$96,0009.4%
South Holland4220110%$103,500$87,75017.9%
Glenwood1318-27.8%$100,000$79,249.5026.2%
Maywood201717.6%$98,000$73,50033.3%
Hometown45-20%$96,000$84,50013.6%
Steger35-40%$80,000$27,500190.9%

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