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Saturday, October 5, 2024

Hinsdale (Cook County) home prices rise in September 2017

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The median sale price of a home sold in September 2017 in Hinsdale in Cook County rose by $235,000 while total sales increased by 50%, according to BlockShopper.com.

In September 2017, there were three homes sold, with a median sale price of $665,000 - a 54.7% increase over the $430,000 median sale price for the same period of the previous year. There were two homes sold in Hinsdale in September 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 2.4%.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Barrington Hills31200%$2,000,000$1,360,00047.1%
Kenilworth45-20%$1,437,000$1,475,000-2.6%
Winnetka1530-50%$1,100,000$1,270,000-13.4%
Glencoe1118-38.9%$836,500$869,500-3.8%
South Barrington105100%$703,750$779,000-9.7%
Hinsdale3250%$665,000$430,00054.7%
Western Springs2330-23.3%$580,000$456,50027.1%
Northfield111010%$540,000$411,00031.4%
Inverness990%$540,000$345,00056.5%
Wilmette3151-39.2%$515,000$625,000-17.6%
Forest River220%$492,500$290,75069.4%
* This story only considers sales data for the part of Hinsdale that is in Cook County.

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