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Friday, November 8, 2024

Evergreen Park home prices fall in October 2017

Re 13

The median sale price of a home sold in October 2017 in Evergreen Park fell by $16,500 while total sales increased by 88.9%, according to BlockShopper.com.

In October 2017, there were 34 homes sold, with a median sale price of $165,000 - a 9.1% decrease over the $181,500 median sale price for the same period of the previous year. There were 18 homes sold in Evergreen Park in October 2016.

The median sales tax in Evergreen Park for 2017 was $4,530. In 2016, the median sales tax was $4,179. This marks an increase of 8.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Evergreen 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)
Alsip262313%$171,500$117,50046%
Bellwood22220%$169,000$149,50013%
River Grove176183.3%$168,000$158,0006.3%
Stickney10100%$167,500$154,7508.2%
Burbank3437-8.1%$165,000$181,000-8.8%
Evergreen Park341888.9%$165,000$181,500-9.1%
Bedford Park21100%$164,000$90,00082.2%
Oak Lawn1019111%$162,500$157,0003.5%
Justice161414.3%$162,250$165,000-1.7%
Cicero5066-24.2%$161,500$135,50019.2%
Broadview12119.1%$160,500$171,000-6.1%

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