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Monday, May 12, 2025

Flossmoor home prices fall in April 2017

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The median sale price of a home sold in April 2017 in Flossmoor fell by $22,000 while total sales increased by 77.8%, according to BlockShopper.com.

In April 2017, there were 16 homes sold, with a median sale price of $193,000 - a 10.2% decrease over the $215,000 median sale price for the same period of the previous year. There were nine homes sold in Flossmoor in April 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 4.4%.

The following table compares Flossmoor 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)
Rolling Meadows2930-3.3%$200,000$191,5004.4%
Palos Hills21210%$195,000$179,5008.6%
Berwyn4763-25.4%$195,000$180,0008.3%
Franklin Park221457.1%$193,500$210,000-7.9%
Northlake13862.5%$193,000$195,250-1.2%
Flossmoor16977.8%$193,000$215,000-10.2%
Palos Heights201266.7%$192,750$255,000-24.4%
Indian Head Park7616.7%$192,500$215,500-10.7%
Wheeling523073.3%$190,500$157,50021%
Berkeley7540%$190,000$158,00020.3%
Orland Hills48-50%$189,000$171,25010.4%

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