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Friday, November 8, 2024

Willow Springs (Cook County) home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Willow Springs in Cook County fell by $10,000 while total sales increased by 62.5%, according to BlockShopper.com.

In October 2017, there were 13 homes sold, with a median sale price of $217,500 - a 4.4% decrease over the $227,500 median sale price for the same period of the previous year. There were eight homes sold in Willow Springs in October 2016.

The median sales tax in Willow Springs for 2017 was $6,243. In 2016, the median sales tax was $5,883. This marks an increase of 6.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Willow Springs 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)
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%
Bartlett2229-24.1%$218,500$240,000-9%
Willow Springs13862.5%$217,500$227,500-4.4%
Bridgeview817-52.9%$212,500$170,00025%
Berwyn665813.8%$206,000$210,000-1.9%
Hickory Hills171241.7%$200,000$149,75033.6%
Forest River10-$200,000$0-
Orland Hills67-14.3%$200,000$155,00029%
* This story only considers sales data for the part of Willow Springs that is in Cook County.

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