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Thursday, April 25, 2024

Lyons home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Lyons rose by $67,000 while total sales decreased by 44.4%, according to BlockShopper.com.

In April 2017, there were five homes sold, with a median sale price of $205,000 - a 48.6% increase over the $138,000 median sale price for the same period of the previous year. There were nine homes sold in Lyons in April 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 1.9%.

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

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Roselle56-16.7%$218,500$159,25037.2%
Schaumburg12710224.5%$215,000$187,00015%
Hickory Hills161233.3%$214,250$205,0004.5%
Brookfield181612.5%$213,000$226,500-6%
North Riverside89-11.1%$212,250$214,000-0.8%
Lyons59-44.4%$205,000$138,00048.6%
Des Plaines1039310.8%$205,000$191,0007.3%
Rolling Meadows2930-3.3%$200,000$191,5004.4%
Palos Hills21210%$195,000$179,5008.6%
Berwyn4763-25.4%$195,000$180,0008.3%
Franklin Park221457.1%$193,500$210,000-7.9%

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