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Sunday, October 6, 2024

Dolton home prices rise in July 2017

Realestate077

The median sale price of a home sold in July 2017 in Dolton rose by $17,750 while total sales decreased by 17.9%, according to BlockShopper.com.

In July 2017, there were 23 homes sold, with a median sale price of $56,000 - a 46.4% increase over the $38,250 median sale price for the same period of the previous year. There were 28 homes sold in Dolton in July 2016.

The median sales tax in Dolton for 2017 was $3,648. In 2016, the median sales tax was $3,664. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 6.5%.

The following table compares Dolton 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)
Chicago Heights282416.7%$87,500$69,25026.4%
Steger1111000%$87,000$150,000-42%
Chicago Ridge1423-39.1%$81,000$135,000-40%
Burnham440%$62,500$69,250-9.7%
Calumet City28280%$56,000$52,2507.2%
Dolton2328-17.9%$56,000$38,25046.4%
Markham613-53.8%$50,500$61,000-17.2%
Park Forest261752.9%$44,750$26,00072.1%
Riverdale711-36.4%$31,000$20,50051.2%
Sauk Village912-25%$25,000$30,000-16.7%
Harvey151315.4%$12,500$21,000-40.5%

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