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Monday, November 25, 2024

Markham home prices rise in February 2018

Realestate1

The median sale price of a home sold in February 2018 in Markham rose by $6,000 while total sales decreased by 30.8%, according to BlockShopper.com.

In February 2018, there were nine homes sold, with a median sale price of $36,000 - a 20% increase over the $30,000 median sale price for the same period of the previous year. There were 13 homes sold in Markham in February 2017.

The median sales tax in Markham for the most recent year with available data, 2017, was $3,034, approximately 8.4% of the median home sale price for February 2018.

The following table compares Markham 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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