West Cook News

West Cook News

Thursday, November 14, 2019

Bellwood home prices rise in February 2017

Real Estate

By West Cook News | Mar 7, 2017

Re 10

The median sale price of a home sold in February 2017 in Bellwood rose by $40,000 while total sales decreased by 29%, according to BlockShopper.com.

In February 2017, there were 22 homes sold, with a median sale price of $125,500 - a 46.8% increase over the $85,500 median sale price for the same period of the previous year. There were 31 homes sold in Bellwood in February 2016.

The median sales tax in Bellwood for 2017 was $4,154. In 2016, the median sales tax was $3,741. This marks an increase of 11%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.

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

City
Feb. 2017 Home Sales
Feb. 2016 Home Sales
% change (Total Home Sales)
Feb. 2017 Median Sales Price
Feb. 2016 Median Sales Price
% change (Median Sales Price)
Lynwood
7
12
-41.7%
$137,000
$124,750
9.8%
Elgin
18
22
-18.2%
$132,000
$145,750
-9.4%
Elmwood Park
19
20
-5%
$130,000
$146,000
-11%
Lyons
9
7
28.6%
$129,000
$156,000
-17.3%
Berkeley
3
3
0%
$127,000
$139,000
-8.6%
Bellwood
22
31
-29%
$125,500
$85,500
46.8%
Palos Hills
11
19
-42.1%
$121,000
$126,500
-4.3%
Midlothian
9
16
-43.8%
$120,000
$117,000
2.6%
Glenwood
13
11
18.2%
$115,000
$129,000
-10.9%
Posen
6
5
20%
$113,500
$80,000
41.9%
South Holland
38
32
18.8%
$110,500
$72,000
53.5%

Want to get notified whenever we write about Cook County Recorder ?

Sign-up Next time we write about Cook County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Cook County Recorder

More News