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South Cook News

Friday, November 8, 2024

West Hometown home prices rise in October 2017

Realestate077

The median sale price of a home sold in October 2017 in West Hometown, a Chicago neighborhood, rose by $20,000 while total sales increased by 66.7%, according to BlockShopper.com.

In October 2017, there were five homes sold, with a median sale price of $110,000 - a 22.2% increase over the $90,000 median sale price for the same period of the previous year. There were three homes sold in West Hometown in October 2016.

The median sales tax in West Hometown for 2017 was $3,017. In 2016, the median sales tax was $3,055. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares West Hometown to other Chicago neighborhood with similar median sales prices in October 2017:

NeighborhoodOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
South Shore3238-15.8%$125,500$83,50050.3%
Hegewisch9580%$125,000$94,00033%
Woodlawn221637.5%$123,000$142,750-13.8%
East Garfield Park1722-22.7%$120,000$74,00062.2%
West Garfield Park121020%$117,000$64,25082.1%
West Hometown5366.7%$110,000$90,00022.2%
Burnside201533.3%$109,000$55,00098.2%
Gresham50476.4%$104,250$77,00035.4%
Marquette Park3216100%$100,000$135,000-25.9%
Austin 694456.8%$93,000$63,25047%
Canaryville/Fuller Park10742.9%$90,000$175,000-48.6%

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