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Thursday, April 18, 2024

Stickney home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Stickney rose by $31,750 while total sales decreased by 14.3%, according to BlockShopper.com.

From January through March of 2017, there were 18 homes sold, with a median sale price of $173,750 - a 22.4% increase over the $142,000 median sale price for the same period of the previous year. There were 21 homes sold in Stickney in the first quarter of 2016.

The median sales tax in Stickney for 2017 was $4,284.22. In 2016, the median sales tax was $3,994.40. This marks an increase of 7.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Stickney to other Cook County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Schaumburg2622495.2%$180,750$168,0007.6%
Elmhurst21100%$180,250$190,000-5.1%
Streamwood1551540.6%$180,000$157,25014.5%
Orland Hills231553.3%$179,000$215,000-16.7%
River Grove363116.1%$176,500$130,00035.8%
Stickney1821-14.3%$173,750$142,00022.4%
Bridgeview433813.2%$173,000$150,00015.3%
Burbank6971-2.8%$170,000$160,0006.3%
Melrose Park745242.3%$169,500$163,2503.8%
Evergreen Park6171-14.1%$169,500$145,00016.9%
Tinley Park19215325.5%$168,500$168,0000.3%

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