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Friday, November 8, 2024

Justice home prices fall in October 2017

Realestate4

The median sale price of a home sold in October 2017 in Justice fell by $2,750 while total sales increased by 14.3%, according to BlockShopper.com.

In October 2017, there were 16 homes sold, with a median sale price of $162,250 - a 1.7% decrease over the $165,000 median sale price for the same period of the previous year. There were 14 homes sold in Justice in October 2016.

The median sales tax in Justice for 2017 was $4,555. In 2016, the median sales tax was $4,161. This marks an increase of 9.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Justice 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)
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%
Matteson352352.2%$160,000$120,00033.3%
Chicago Ridge171070%$160,000$177,500-9.9%
Buffalo Grove28267.7%$156,250$199,750-21.8%

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