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Friday, April 26, 2024

Hillside home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Hillside rose by $35,500 while total sales decreased by 10%, according to BlockShopper.com.

In January 2017, there were nine homes sold, with a median sale price of $170,000 - a 26.4% increase over the $134,500 median sale price for the same period of the previous year. There were 10 homes sold in Hillside in January 2016.

The median sales tax in Hillside for 2017 was $4,251. In 2016, the median sales tax was $3,728. This marks an increase of 14%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Hillside to other Cook County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Countryside8714.3%$186,000$345,000-46.1%
Hickory Hills191346.2%$185,000$179,0003.4%
Rolling Meadows25244.2%$180,000$193,500-7%
Schaumburg1007729.9%$176,750$152,00016.3%
Burbank32320%$171,750$188,500-8.9%
Hillside910-10%$170,000$134,50026.4%
Streamwood55533.8%$170,000$150,00013.3%
Schiller Park12933.3%$169,000$148,50013.8%
Melrose Park272317.4%$169,000$175,000-3.4%
Stickney8714.3%$167,500$128,50030.4%
Palos Hills211723.5%$165,000$165,0000%

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