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Saturday, April 20, 2024

Berwyn home prices rise in April 2017

Realestate5

The median sale price of a home sold in April 2017 in Berwyn rose by $15,000 while total sales decreased by 25.4%, according to BlockShopper.com.

In April 2017, there were 47 homes sold, with a median sale price of $195,000 - a 8.3% increase over the $180,000 median sale price for the same period of the previous year. There were 63 homes sold in Berwyn in April 2016.

The median sales tax in Berwyn for 2017 was $5,672. In 2016, the median sales tax was $4,822. This marks an increase of 17.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Berwyn 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)
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%
Northlake13862.5%$193,000$195,250-1.2%
Flossmoor16977.8%$193,000$215,000-10.2%
Palos Heights201266.7%$192,750$255,000-24.4%
Indian Head Park7616.7%$192,500$215,500-10.7%

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