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South Cook News

Monday, November 25, 2024

Thornton home prices fall in February 2018

Re 9

The median sale price of a home sold in February 2018 in Thornton fell by $750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In February 2018, there were two homes sold, with a median sale price of $37,000 - a 2% decrease over the $37,750 median sale price for the same period of the previous year. There were two homes sold in Thornton in February 2017, as well.

The median sales tax in Thornton for the most recent year with available data, 2017, was $3,400, approximately 9.2% of the median home sale price for February 2018.

The following table compares Thornton to other Cook County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Calumet City4347-8.5%$50,000$60,000-16.7%
Park Forest13128.3%$45,000$41,7507.8%
Dixmoor23-33.3%$44,500$45,000-1.1%
South Chicago Heights45-20%$42,500$66,500-36.1%
Steger16-83.3%$42,000$67,250-37.5%
Thornton220%$37,000$37,750-2%
Markham913-30.8%$36,000$30,00020%
Sauk Village1215-20%$33,500$47,500-29.5%
Riverdale113266.7%$28,000$18,50051.4%
Harvey2512108.3%$28,000$32,500-13.8%
Ford Heights20-$23,000$0-

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