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Friday, April 26, 2024

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

Realestate3

The median sale price of a home sold in April 2017 in Willow Springs in Cook County rose by $230,000 while total sales increased by 100%, according to BlockShopper.com.

In April 2017, there were 10 homes sold, with a median sale price of $325,000 - a 242.1% increase over the $95,000 median sale price for the same period of the previous year. There were five homes sold in Willow Springs in April 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 1.9%.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Countryside7616.7%$395,000$172,250129.3%
La Grange Park1519-21.1%$376,000$334,50012.4%
Northbrook West21100%$345,000$1,010,000-65.8%
Lemont16160%$342,500$333,7502.6%
Riverside199111.1%$333,000$370,000-10%
Willow Springs105100%$325,000$95,000242.1%
Oak Park8490-6.7%$323,750$315,2502.7%
Evanston86100-14%$320,000$315,5001.4%
Arlington Heights1241194.2%$314,750$277,50013.4%
Skokie7076-7.9%$299,500$307,250-2.5%
Mount Prospect5972-18.1%$299,000$251,50018.9%
* This story only considers sales data for the part of Willow Springs that is in Cook County.

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