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Saturday, October 5, 2024

Hazel Crest home prices fall in September 2017

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The median sale price of a home sold in September 2017 in Hazel Crest fell by $3,500 while total sales decreased by 41.7%, according to BlockShopper.com.

In September 2017, there were 14 homes sold, with a median sale price of $76,500 - a 4.4% decrease over the $80,000 median sale price for the same period of the previous year. There were 24 homes sold in Hazel Crest in September 2016.

The median sales tax in Hazel Crest for 2017 was $3,643. In 2016, the median sales tax was $3,348. This marks an increase of 8.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.8%.

The following table compares Hazel Crest 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)
Crestwood1819-5.3%$98,500$140,500-29.9%
Country Club Hills1720-15%$96,000$85,00012.9%
Chicago Heights373023.3%$90,000$65,50037.4%
Thornton5425%$83,000$83,500-0.6%
Lynwood151315.4%$81,000$101,000-19.8%
Hazel Crest1424-41.7%$76,500$80,000-4.4%
East Hazel Crest21100%$74,500$91,500-18.6%
Dolton383315.2%$71,500$44,50060.7%
Richton Park251838.9%$60,000$62,250-3.6%
Park Forest261844.4%$57,500$41,50038.6%
South Chicago Heights27-71.4%$56,750$93,000-39%

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