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Monday, July 14, 2025

Bellwood home prices rise in April 2017

Realestate2

The median sale price of a home sold in April 2017 in Bellwood rose by $29,000 while total sales increased by 4%, according to BlockShopper.com.

In April 2017, there were 26 homes sold, with a median sale price of $149,000 - a 24.2% increase over the $120,000 median sale price for the same period of the previous year. There were 25 homes sold in Bellwood in April 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 2.8%.

The following table compares Bellwood 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)
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%
Melrose Park1520-25%$140,000$150,250-6.8%
Summit94125%$133,500$111,25020%

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