From January through December of 2017, there were 284 homes sold, with a median sale price of $123,000 - a 64% increase over the $75,000 median sale price for the previous year. There were 269 homes sold in Maywood in 2016.
The median sales tax in Maywood for 2017 was $4,951. In 2016, the median sales tax was $4,528. This marks an increase of 9.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4%.
The following table compares Maywood 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) |
---|---|---|---|---|---|---|
Stone Park | 20 | 31 | -35.5% | $132,500 | $122,500 | 8.2% |
Merrionette Park | 31 | 37 | -16.2% | $132,000 | $105,000 | 25.7% |
Lynwood | 109 | 113 | -3.5% | $129,000 | $123,000 | 4.9% |
Hodgkins | 1 | 4 | -75% | $125,000 | $200,500 | -37.7% |
Worth | 168 | 153 | 9.8% | $123,500 | $132,000 | -6.4% |
Maywood | 284 | 269 | 5.6% | $123,000 | $75,000 | 64% |
South Holland | 447 | 380 | 17.6% | $120,000 | $105,000 | 14.3% |
Hometown | 90 | 79 | 13.9% | $108,000 | $100,000 | 8% |
Crestwood | 229 | 232 | -1.3% | $102,000 | $96,250 | 6% |
Glenwood | 196 | 153 | 28.1% | $100,250 | $89,000 | 12.6% |
Country Club Hills | 299 | 269 | 11.2% | $100,000 | $107,000 | -6.5% |