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South Cook News

Tuesday, December 24, 2024

East Hazel Crest home prices fall in March 2017

Re 12

The median sale price of a home sold in March 2017 in East Hazel Crest fell by $21,750 while total sales decreased by 50%, according to BlockShopper.com.

In March 2017, there were two homes sold, with a median sale price of $38,250 - a 36.3% decrease over the $60,000 median sale price for the same period of the previous year. There were four homes sold in East Hazel Crest in March 2016.

The median sales tax in East Hazel Crest for 2017 was $3,724. In 2016, the median sales tax was $3,537. This marks an increase of 5.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 9.7%.

The following table compares East Hazel Crest 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)
Dolton281855.6%$49,250$58,250-15.5%
Calumet City383315.2%$47,250$50,000-5.5%
Merrionette Park110%$46,000$29,00058.6%
Riverdale811-27.3%$45,000$32,50038.5%
Richton Park15150%$40,000$120,000-66.7%
East Hazel Crest24-50%$38,250$60,000-36.3%
Park Forest272035%$35,000$33,0006.1%
South Chicago Heights5425%$35,000$28,00025%
Harvey816-50%$22,500$17,50028.6%
Sauk Village191711.8%$21,500$24,000-10.4%
Dixmoor12-50%$20,500$25,500-19.6%

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