From January through December of 2017, there were 138 homes sold, with a median sale price of $160,500 - a 17.8% increase over the $136,250 median sale price for the previous year. There were 122 homes sold in Broadview in 2016.
The median sales tax in Broadview for 2017 was $3,807. In 2016, the median sales tax was $3,411. This marks an increase of 11.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.
The following table compares Broadview 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) |
---|---|---|---|---|---|---|
Northlake | 175 | 139 | 25.9% | $170,000 | $160,000 | 6.3% |
Oak Lawn | 1,085 | 995 | 9% | $167,500 | $155,000 | 8.1% |
Elgin | 404 | 405 | -0.2% | $166,000 | $157,000 | 5.7% |
Stickney | 93 | 95 | -2.1% | $166,000 | $149,000 | 11.4% |
Justice | 121 | 126 | -4% | $162,000 | $151,500 | 6.9% |
Broadview | 138 | 122 | 13.1% | $160,500 | $136,250 | 17.8% |
Hillside | 125 | 112 | 11.6% | $160,000 | $135,250 | 18.3% |
Summit | 109 | 82 | 32.9% | $153,000 | $128,500 | 19.1% |
Cicero | 619 | 652 | -5.1% | $152,500 | $130,750 | 16.6% |
Palos Hills | 272 | 293 | -7.2% | $152,500 | $150,000 | 1.7% |
Homewood | 414 | 356 | 16.3% | $147,500 | $125,000 | 18% |