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South Cook News

Sunday, October 6, 2024

South Holland home prices rise in July 2017

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The median sale price of a home sold in July 2017 in South Holland rose by $32,500 while total sales decreased by 4%, according to BlockShopper.com.

In July 2017, there were 24 homes sold, with a median sale price of $128,000 - a 34% increase over the $95,500 median sale price for the same period of the previous year. There were 25 homes sold in South Holland in July 2016.

The median sales tax in South Holland for 2017 was $4,648. In 2016, the median sales tax was $4,435. This marks an increase of 4.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

The following table compares South Holland 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)
Countryside13944.4%$136,000$285,000-52.3%
Merrionette Park13-66.7%$132,000$105,00025.7%
Matteson352445.8%$132,000$122,5007.8%
Crestwood2429-17.2%$130,500$86,00051.7%
Bellwood2426-7.7%$129,750$112,50015.3%
South Holland2425-4%$128,000$95,50034%
Hazel Crest1622-27.3%$120,000$81,50047.2%
Hometown143366.7%$117,500$90,00030.6%
Posen35-40%$116,000$60,00093.3%
Country Club Hills322623.1%$115,000$113,0001.8%
Stone Park41300%$105,000$78,00034.6%

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