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Friday, April 26, 2024

Hillside home prices rise in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Hillside rose by $29,500 while total sales decreased by 33.3%, according to BlockShopper.com.

From January through March of 2018, there were 18 homes sold, with a median sale price of $159,500 - a 22.7% increase over the $130,000 median sale price for the same period of the previous year. There were 27 homes sold in Hillside in the first quarter of 2017.

The median sales tax in Hillside for the most recent year with available data, 2017, was $4,250.70, approximately 2.7% of the median home sale price for the first quarter of 2018.

The following table compares Hillside to other Cook County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Oak Forest9092-2.2%$169,500$153,25010.6%
Steger913-30.8%$167,000$80,000108.8%
Cicero121165-26.7%$165,000$148,00011.5%
Stone Park73133.3%$163,000$119,00037%
Northlake393318.2%$160,000$130,00023.1%
Hillside1827-33.3%$159,500$130,00022.7%
Olympia Fields2021-4.8%$155,500$220,000-29.3%
Summit2330-23.3%$155,000$133,50016.1%
Worth3646-21.7%$154,000$103,00049.5%
Palos Hills59557.3%$152,000$147,0003.4%
Bellwood5070-28.6%$150,500$124,00021.4%

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