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Friday, November 8, 2024

Harvey home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Harvey rose by $5,750 while total sales increased by 150%, according to BlockShopper.com.

In October 2017, there were 20 homes sold, with a median sale price of $30,750 - a 23% increase over the $25,000 median sale price for the same period of the previous year. There were eight homes sold in Harvey in October 2016.

The median sales tax in Harvey for 2017 was $2,419. In 2016, the median sales tax was $2,523. This marks an decrease of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 7.9%.

The following table compares Harvey 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)
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%
Markham209122.2%$43,000$50,000-14%
Harvey208150%$30,750$25,00023%
Robbins110%$29,000$52,500-44.8%
Riverdale812-33.3%$28,500$19,75044.3%
Dixmoor110%$24,000$32,000-25%

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