From January through December of 2017, there were 749 homes sold, with a median sale price of $202,000 - a 8.6% increase over the $186,000 median sale price for the previous year. There were 739 homes sold in Berwyn in 2016.
The median sales tax in Berwyn for 2017 was $5,672. In 2016, the median sales tax was $4,822. 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 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Roselle | 69 | 98 | -29.6% | $218,500 | $203,250 | 7.5% |
Countryside | 90 | 84 | 7.1% | $216,500 | $184,000 | 17.7% |
Des Plaines | 1,236 | 1,260 | -1.9% | $215,250 | $200,000 | 7.6% |
Buffalo Grove | 329 | 329 | 0% | $215,000 | $185,000 | 16.2% |
Rolling Meadows | 397 | 395 | 0.5% | $211,000 | $200,000 | 5.5% |
Berwyn | 749 | 739 | 1.4% | $202,000 | $186,000 | 8.6% |
Hickory Hills | 167 | 180 | -7.2% | $200,000 | $193,500 | 3.4% |
Orland Hills | 102 | 87 | 17.2% | $197,000 | $199,000 | -1% |
Flossmoor | 229 | 198 | 15.7% | $196,000 | $166,000 | 18.1% |
River Grove | 158 | 147 | 7.5% | $192,000 | $153,000 | 25.5% |
Schaumburg | 1,460 | 1,288 | 13.4% | $190,000 | $180,750 | 5.1% |