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Friday, November 1, 2024

Countryside home prices fall in the third quarter of 2017

Realestate1

The median sale price of a home sold in the third quarter of 2017 in Countryside fell by $25,500 while total sales decreased by 7.4%, according to BlockShopper.com.

From July through September of 2017, there were 25 homes sold, with a median sale price of $234,500 - a 9.8% decrease over the $260,000 median sale price for the same period of the previous year. There were 27 homes sold in Countryside in the third quarter of 2016.

The median sales tax in Countryside for 2017 was $4,188.31. In 2016, the median sales tax was $4,055.30. This marks an increase of 3.3%. 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 Countryside 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)
Forest Park84113-25.7%$245,000$215,00014%
Buffalo Grove91110-17.3%$243,500$218,50011.4%
Brookfield103121-14.9%$238,500$235,5001.3%
Des Plaines348409-14.9%$236,250$200,00018.1%
Westchester105106-0.9%$235,000$226,0004%
Countryside2527-7.4%$234,500$260,000-9.8%
Bartlett1111091.8%$230,000$250,000-8%
Forest View45-20%$228,750$245,000-6.6%
Elmwood Park105111-5.4%$227,000$244,000-7%
Indian Head Park3032-6.3%$226,500$213,5006.1%
Northbrook West18-87.5%$225,000$635,000-64.6%

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