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South Cook News

Tuesday, October 8, 2024

Hazel Crest home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Hazel Crest rose by $13,000 while total sales decreased by 18.5%, according to BlockShopper.com.

In May 2018, there were 22 homes sold, with a median sale price of $78,000 - a 20% increase over the $65,000 median sale price for the same period of the previous year. There were 27 homes sold in Hazel Crest in May 2017.

The median sales tax in Hazel Crest for the most recent year with available data, 2017, was $3,643, approximately 4.7% of the median home sale price for May 2018.

The following table compares Hazel Crest to other Cook County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Park Forest321877.8%$91,750$52,50074.8%
Blue Island1517-11.8%$90,000$130,000-30.8%
Calumet Park115120%$87,000$106,000-17.9%
Country Club Hills2732-15.6%$85,000$99,250-14.4%
Sauk Village10825%$84,500$53,25058.7%
Hazel Crest2227-18.5%$78,000$65,00020%
Chicago Heights2526-3.8%$77,000$55,50038.7%
Thornton92350%$74,000$110,000-32.7%
Calumet City433426.5%$70,000$65,2507.3%
Harvey1014-28.6%$50,000$17,000194.1%
Robbins330%$48,500$16,500193.9%

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