Quantcast

West Cook News

Friday, April 26, 2024

Berwyn home prices rise in the second quarter of 2017

Re 14

The median sale price of a home sold in the second quarter of 2017 in Berwyn rose by $12,000 while total sales decreased by 5.7%, according to BlockShopper.com.

From April through June of 2017, there were 199 homes sold, with a median sale price of $200,000 - a 6.4% increase over the $188,000 median sale price for the same period of the previous year. There were 211 homes sold in Berwyn in the second quarter of 2016.

The median sales tax in Berwyn for 2017 was $5,671.71. In 2016, the median sales tax was $4,822.10. This marks an increase of 17.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

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

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Rolling Meadows1171106.4%$211,000$209,0001%
Des Plaines35731015.2%$210,000$203,5003.2%
Indian Head Park28280%$206,000$225,000-8.4%
River Grove2944-34.1%$205,000$182,00012.6%
Orland Hills25244.2%$204,000$204,250-0.1%
Berwyn199211-5.7%$200,000$188,0006.4%
Countryside1720-15%$199,000$172,25015.5%
Schaumburg44737718.6%$198,000$201,500-1.7%
Hanover Park87826.1%$198,000$179,50010.3%
Franklin Park786421.9%$196,500$176,75011.2%
Forest View51400%$190,000$140,50035.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS