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Thursday, April 18, 2024

Cicero home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Cicero rose by $14,750 while total sales increased by 2.1%, according to BlockShopper.com.

In April 2017, there were 49 homes sold, with a median sale price of $143,000 - a 11.5% increase over the $128,250 median sale price for the same period of the previous year. There were 48 homes sold in Cicero in April 2016.

The median sales tax in Cicero for 2017 was $4,393. In 2016, the median sales tax was $3,889. This marks an increase of 13%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares Cicero 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)
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%
Matteson322152.4%$131,750$150,000-12.2%
Richton Park1316-18.8%$130,000$90,25044%

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