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Sunday, October 6, 2024

Hickory Hills home prices fall in July 2017

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The median sale price of a home sold in July 2017 in Hickory Hills fell by $31,500 while total sales decreased by 21.7%, according to BlockShopper.com.

In July 2017, there were 18 homes sold, with a median sale price of $192,500 - a 14.1% decrease over the $224,000 median sale price for the same period of the previous year. There were 23 homes sold in Hickory Hills in July 2016.

The median sales tax in Hickory Hills for 2017 was $5,537. In 2016, the median sales tax was $5,135. This marks an increase of 7.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Hickory Hills 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)
Tinley Park101114-11.4%$202,000$177,50013.8%
Broadview79-22.2%$200,000$120,00066.7%
Palos Hills2535-28.6%$200,000$152,00031.6%
Oak Forest4041-2.4%$199,750$165,00021.1%
Berkeley9650%$193,000$169,50013.9%
Hickory Hills1823-21.7%$192,500$224,000-14.1%
Forest View21100%$192,500$266,000-27.6%
Evergreen Park2835-20%$192,250$182,0005.6%
Flossmoor1624-33.3%$191,000$220,500-13.4%
Berwyn5158-12.1%$190,000$185,5002.4%
Wheeling555010%$187,000$169,50010.3%

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