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Friday, November 1, 2024

Hinsdale (Cook County) home prices rise in the third quarter of 2017

Realestate5

The median sale price of a home sold in the third quarter of 2017 in Hinsdale in Cook County rose by $227,500 while total sales increased by 33.3%, according to BlockShopper.com.

From July through September of 2017, there were 16 homes sold, with a median sale price of $897,500 - a 34% increase over the $670,000 median sale price for the same period of the previous year. There were 12 homes sold in Hinsdale in the third quarter of 2016.

The median sales tax in Hinsdale for 2017 was $15,765.46. In 2016, the median sales tax was $14,281.30. This marks an increase of 10.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

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

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Kenilworth1923-17.4%$1,235,000$1,225,0000.8%
Winnetka88108-18.5%$1,053,750$1,187,500-11.3%
Barrington Hills8714.3%$940,000$565,00066.4%
Hinsdale161233.3%$897,500$670,00034%
Glencoe5358-8.6%$866,000$797,0008.7%
Golf13-66.7%$812,500$735,00010.5%
South Barrington2021-4.8%$773,500$735,5005.2%
Western Springs7095-26.3%$607,500$485,00025.3%
Wilmette150163-8%$602,500$685,000-12%
Northfield4041-2.4%$535,000$490,0009.2%
River Forest6176-19.7%$493,000$497,000-0.8%
* This story only considers sales data for the part of Hinsdale that is in Cook County.

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