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South Cook News

Tuesday, October 8, 2024

Calumet City home prices rise in May 2018

Realestate3

The median sale price of a home sold in May 2018 in Calumet City rose by $4,750 while total sales increased by 26.5%, according to BlockShopper.com.

In May 2018, there were 43 homes sold, with a median sale price of $70,000 - a 7.3% increase over the $65,250 median sale price for the same period of the previous year. There were 34 homes sold in Calumet City in May 2017.

The median sales tax in Calumet City for the most recent year with available data, 2017, was $3,478, approximately 5% of the median home sale price for May 2018.

The following table compares Calumet City 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)
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%
Burnham46-33.3%$48,000$70,500-31.9%
Merrionette Park20-$45,500$0-
Ford Heights20-$43,500$0-

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