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West Cook News

Tuesday, April 23, 2024

Lyons home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Lyons rose by $28,000 while total sales increased by 216.7%, according to BlockShopper.com.

In January 2017, there were 19 homes sold, with a median sale price of $141,000 - a 24.8% increase over the $113,000 median sale price for the same period of the previous year. There were six homes sold in Lyons in January 2016.

The median sales tax in Lyons for 2017 was $3,931. In 2016, the median sales tax was $3,861. This marks an increase of 1.8%. 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 Lyons 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)
Franklin Park1822-18.2%$155,500$145,0007.2%
Cicero595311.3%$150,000$129,00016.3%
Oak Forest2526-3.8%$150,000$155,750-3.7%
Bridgeview151050%$150,000$144,0004.2%
Justice713-46.2%$148,000$154,000-3.9%
Lyons196216.7%$141,000$113,00024.8%
Berkeley67-14.3%$140,000$150,000-6.7%
Forest View110%$140,000$159,000-11.9%
Forest River13-66.7%$140,000$259,000-45.9%
Summit9580%$138,000$92,00050%
Lynwood11922.2%$137,000$143,500-4.5%

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