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Sunday, October 6, 2024

Hinsdale (Cook County) home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Hinsdale in Cook County rose by $330,000 while total sales increased by 133.3%, according to BlockShopper.com.

In July 2017, there were seven homes sold, with a median sale price of $1,250,000 - a 35.9% increase over the $920,000 median sale price for the same period of the previous year. There were three homes sold in Hinsdale in July 2016.

The median sales tax in Hinsdale for 2017 was $15,765. In 2016, the median sales tax was $14,281. This marks an increase of 10.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares Hinsdale to other Cook County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Hinsdale73133.3%$1,250,000$920,00035.9%
Winnetka423810.5%$1,053,750$1,187,500-11.3%
Kenilworth1113-15.4%$949,000$1,115,000-14.9%
Glencoe222010%$745,000$728,0002.3%
Burr Ridge660%$732,500$506,50044.6%
Wilmette4852-7.7%$687,500$827,500-16.9%
Western Springs2730-10%$670,000$492,50036%
Barrington Hills110%$579,000$375,50054.2%
South Barrington37-57.1%$547,000$740,000-26.1%
Rosemont14-75%$489,000$329,50048.4%
River Forest2332-28.1%$475,000$502,500-5.5%
* This story only considers sales data for the part of Hinsdale that is in Cook County.

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