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Monday, September 30, 2024

Hinsdale (Cook County) home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Hinsdale in Cook County fell by $305,000 while total sales decreased by 57.1%, according to BlockShopper.com.

In October 2017, there were three homes sold, with a median sale price of $320,000 - a 48.8% decrease over the $625,000 median sale price for the same period of the previous year. There were seven homes sold in Hinsdale in October 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 4.9%.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Park Ridge615119.6%$371,500$350,0006.1%
La Grange Park15150%$365,000$330,00010.6%
Riverside14140%$363,500$466,750-22.1%
Barrington17166.3%$360,000$354,5001.6%
Evanston78780%$352,750$319,75010.3%
Hinsdale37-57.1%$320,000$625,000-48.8%
Lemont2336-36.1%$319,500$308,7503.5%
Skokie7076-7.9%$311,500$269,00015.8%
Morton Grove3040-25%$311,500$280,00011.3%
Palos Park1314-7.1%$300,000$265,00013.2%
Northbrook West30-$300,000$0-
* This story only considers sales data for the part of Hinsdale that is in Cook County.

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