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Saturday, April 20, 2024

Broadview home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Broadview rose by $21,000 while total sales remained unchanged with 12 homes sold, according to BlockShopper.com.

In April 2017, there were 12 homes sold, with a median sale price of $152,500 - a 16% increase over the $131,500 median sale price for the same period of the previous year. There were 12 homes sold in Broadview in April 2016, as well.

The median sales tax in Broadview for 2017 was $3,807. In 2016, the median sales tax was $3,411. This marks an increase of 11.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Broadview 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)
Homewood382931%$162,500$119,00036.6%
Olympia Fields712-41.7%$161,000$120,00034.2%
Evergreen Park272412.5%$160,000$180,000-11.1%
Alsip1820-10%$158,000$90,50074.6%
Bridgeview105100%$156,750$135,00016.1%
Broadview12120%$152,500$131,50016%
Hillside69-33.3%$150,250$124,00021.2%
Bellwood26254%$149,000$120,00024.2%
Stickney59-44.4%$145,000$142,5001.8%
Cicero49482.1%$143,000$128,25011.5%
Worth511-54.5%$142,000$94,00051.1%

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