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South Cook News

Saturday, October 5, 2024

Calumet City home prices rise in September 2017

Realestate4

The median sale price of a home sold in September 2017 in Calumet City rose by $2,250 while total sales increased by 2.9%, according to BlockShopper.com.

In September 2017, there were 36 homes sold, with a median sale price of $55,250 - a 4.2% increase over the $53,000 median sale price for the same period of the previous year. There were 35 homes sold in Calumet City in September 2016.

The median sales tax in Calumet City for 2017 was $3,478. In 2016, the median sales tax was $3,510. This marks an decrease of 0.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 6.3%.

The following table compares Calumet City 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)
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%
Riverdale770%$56,000$30,00086.7%
Calumet City36352.9%$55,250$53,0004.2%
Steger57-28.6%$50,000$69,000-27.5%
Harvey12120%$46,750$26,75074.8%
Markham14955.6%$36,750$32,00014.8%
Sauk Village1315-13.3%$30,000$46,000-34.8%
Robbins10-$25,000$0-

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