In April 2017, there were 42 homes sold, with a median sale price of $73,750 - a 72.5% increase over the $42,750 median sale price for the same period of the previous year. There were 28 homes sold in Calumet City in April 2016.
The median sales tax in Calumet City for 2017 was $3,478. In 2016, the median sales tax was $3,510. This marks an decrease of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.7%.
The following table compares Calumet City to other Cook County cities with similar median sales prices in April 2017:
| City | Apr. 2017 Home Sales | Apr. 2016 Home Sales | % change (Total Home Sales) | Apr. 2017 Median Sales Price | Apr. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Holland | 39 | 30 | 30% | $85,000 | $84,500 | 0.6% |
| Country Club Hills | 25 | 23 | 8.7% | $84,500 | $110,000 | -23.2% |
| Posen | 6 | 3 | 100% | $81,000 | $50,000 | 62% |
| Maywood | 20 | 25 | -20% | $76,250 | $73,000 | 4.5% |
| Steger | 8 | 1 | 700% | $75,250 | $9,000 | 736.1% |
| Calumet City | 42 | 28 | 50% | $73,750 | $42,750 | 72.5% |
| Hazel Crest | 25 | 13 | 92.3% | $70,000 | $54,000 | 29.6% |
| Dolton | 34 | 29 | 17.2% | $67,000 | $42,500 | 57.6% |
| Calumet Park | 4 | 10 | -60% | $66,250 | $52,000 | 27.4% |
| Chicago Heights | 20 | 23 | -13% | $57,500 | $70,000 | -17.9% |
| Riverdale | 8 | 10 | -20% | $54,000 | $34,000 | 58.8% |
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