In May 2018, there were four homes sold, with a median sale price of $48,000 - a 31.9% decrease over the $70,500 median sale price for the same period of the previous year. There were six homes sold in Burnham in May 2017.
The median sales tax in Burnham for the most recent year with available data, 2017, was $2,964, approximately 6.2% of the median home sale price for May 2018.
The following table compares Burnham to other Cook County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Chicago Heights | 25 | 26 | -3.8% | $77,000 | $55,500 | 38.7% |
| Thornton | 9 | 2 | 350% | $74,000 | $110,000 | -32.7% |
| Calumet City | 43 | 34 | 26.5% | $70,000 | $65,250 | 7.3% |
| Harvey | 10 | 14 | -28.6% | $50,000 | $17,000 | 194.1% |
| Robbins | 3 | 3 | 0% | $48,500 | $16,500 | 193.9% |
| Burnham | 4 | 6 | -33.3% | $48,000 | $70,500 | -31.9% |
| Merrionette Park | 2 | 0 | - | $45,500 | $0 | - |
| Ford Heights | 2 | 0 | - | $43,500 | $0 | - |
| Markham | 10 | 11 | -9.1% | $37,500 | $62,000 | -39.5% |
| Dolton | 27 | 33 | -18.2% | $37,500 | $75,000 | -50% |
| Dixmoor | 1 | 0 | - | $35,000 | $0 | - |
Alerts Sign-up