Quantcast

South Cook News

Friday, November 8, 2024

Dolton home prices rise in October 2017

Realestate3

The median sale price of a home sold in October 2017 in Dolton rose by $19,000 while total sales remained unchanged with 37 homes sold, according to BlockShopper.com.

In October 2017, there were 37 homes sold, with a median sale price of $65,000 - a 41.3% increase over the $46,000 median sale price for the same period of the previous year. There were 37 homes sold in Dolton in October 2016, as well.

The median sales tax in Dolton for 2017 was $3,648. In 2016, the median sales tax was $3,664. This marks an decrease of 0.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 5.6%.

The following table compares Dolton 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)
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%
Richton Park13785.7%$72,000$64,50011.6%
Dolton37370%$65,000$46,00041.3%
Calumet Park770%$64,500$30,000115%
Phoenix4333.3%$59,500$30,00098.3%
Calumet City39390%$48,000$60,000-20%
Park Forest16160%$47,250$45,2504.4%
Sauk Village161233.3%$45,000$31,25044%

MORE NEWS