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Friday, November 8, 2024

Crestwood home prices rise in October 2017

Realestate1

The median sale price of a home sold in October 2017 in Crestwood rose by $17,750 while total sales decreased by 25%, according to BlockShopper.com.

In October 2017, there were 15 homes sold, with a median sale price of $95,000 - a 23% increase over the $77,250 median sale price for the same period of the previous year. There were 20 homes sold in Crestwood in October 2016.

The median sales tax in Crestwood for 2017 was $2,431. In 2016, the median sales tax was $2,547. This marks an decrease of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Crestwood 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)
Country Club Hills262218.2%$119,500$80,25048.9%
Glenwood201717.6%$114,000$62,00083.9%
Lansing564524.4%$110,000$77,50041.9%
Hometown8560%$110,000$98,00012.2%
Steger73133.3%$96,000$75,00028%
Crestwood1520-25%$95,000$77,25023%
Chicago Heights28267.7%$94,000$95,000-1.1%
Thornton51400%$91,000$115,000-20.9%
Blue Island22220%$78,000$91,250-14.5%
Posen8714.3%$77,500$68,00014%
Hazel Crest269188.9%$76,500$45,50068.1%

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