In July 2017, there were 17 homes sold, with a median sale price of $102,000 - a 7.3% decrease over the $110,000 median sale price for the same period of the previous year. There were 21 homes sold in Blue Island in July 2016.
The median sales tax in Blue Island for 2017 was $3,350. In 2016, the median sales tax was $3,378. This marks an decrease of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.
The following table compares Blue Island to other Cook County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Posen | 3 | 5 | -40% | $116,000 | $60,000 | 93.3% |
| Country Club Hills | 32 | 26 | 23.1% | $115,000 | $113,000 | 1.8% |
| Stone Park | 4 | 1 | 300% | $105,000 | $78,000 | 34.6% |
| South Chicago Heights | 3 | 5 | -40% | $104,500 | $55,500 | 88.3% |
| Lansing | 50 | 52 | -3.8% | $103,000 | $96,500 | 6.7% |
| Blue Island | 17 | 21 | -19% | $102,000 | $110,000 | -7.3% |
| Glenwood | 14 | 10 | 40% | $95,000 | $80,500 | 18% |
| Maywood | 28 | 24 | 16.7% | $91,000 | $76,000 | 19.7% |
| Richton Park | 22 | 9 | 144.4% | $90,750 | $39,000 | 132.7% |
| Calumet Park | 7 | 4 | 75% | $89,000 | $77,750 | 14.5% |
| Thornton | 6 | 1 | 500% | $88,500 | $100,000 | -11.5% |
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