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Friday, November 8, 2024

Orland Park (Cook County) home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Orland Park in Cook County fell by $10,000 while total sales decreased by 0.9%, according to BlockShopper.com.

In October 2017, there were 107 homes sold, with a median sale price of $235,000 - a 4.1% decrease over the $245,000 median sale price for the same period of the previous year. There were 108 homes sold in Orland Park in October 2016.

The median sales tax in Orland Park for 2017 was $5,838. In 2016, the median sales tax was $5,603. This marks an increase of 4.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Orland Park 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)
Elmwood Park2642-38.1%$248,250$175,25041.7%
Hoffman Estates6673-9.6%$247,500$240,0003.1%
Countryside7616.7%$245,000$253,000-3.2%
Westchester37370%$237,000$210,00012.9%
Forest View12-50%$235,000$123,75089.9%
Orland Park107108-0.9%$235,000$245,000-4.1%
Elk Grove Village3756-33.9%$232,500$243,000-4.3%
Mission Hills Estates3250%$225,000$278,000-19.1%
Palatine12210022%$225,000$203,50010.6%
Des Plaines102121-15.7%$221,500$200,00010.8%
Olympia Fields9728.6%$220,000$140,00057.1%
* This story only considers sales data for the part of Orland Park that is in Cook County.

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