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Saturday, October 5, 2024

Flossmoor home prices rise in September 2017

Realestate5

The median sale price of a home sold in September 2017 in Flossmoor rose by $27,250 while total sales decreased by 13%, according to BlockShopper.com.

In September 2017, there were 20 homes sold, with a median sale price of $187,250 - a 17% increase over the $160,000 median sale price for the same period of the previous year. There were 23 homes sold in Flossmoor in September 2016.

The median sales tax in Flossmoor for 2017 was $8,492. In 2016, the median sales tax was $8,255. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.5%.

The following table compares Flossmoor 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)
Hanover Park2326-11.5%$195,000$184,0006%
Olympia Fields7540%$191,000$202,000-5.4%
Tinley Park88871.1%$189,000$185,0002.2%
Streamwood976647%$188,000$192,500-2.3%
Northlake16160%$188,000$172,5009%
Flossmoor2023-13%$187,250$160,00017%
Burbank402937.9%$184,750$185,000-0.1%
Berkeley710-30%$180,000$150,25019.8%
Stickney7475%$180,000$232,500-22.6%
Melrose Park2329-20.7%$179,000$172,0004.1%
Evergreen Park2132-34.4%$177,500$159,50011.3%

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