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Thursday, April 25, 2024

Maywood home prices rise in March 2017

Realestate2

The median sale price of a home sold in March 2017 in Maywood rose by $24,500 while total sales increased by 17.6%, according to BlockShopper.com.

In March 2017, there were 20 homes sold, with a median sale price of $98,000 - a 33.3% increase over the $73,500 median sale price for the same period of the previous year. There were 17 homes sold in Maywood in March 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 5.1%.

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

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Lyons14955.6%$110,750$92,00020.4%
Thornton440%$106,500$66,25060.8%
Crestwood1521-28.6%$105,000$96,0009.4%
South Holland4220110%$103,500$87,75017.9%
Glenwood1318-27.8%$100,000$79,249.5026.2%
Maywood201717.6%$98,000$73,50033.3%
Hometown45-20%$96,000$84,50013.6%
Steger35-40%$80,000$27,500190.9%
Hazel Crest1924-20.8%$75,000$68,7509.1%
Posen26-66.7%$69,250$78,000-11.2%
Robbins34-25%$67,000$23,250188.2%

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