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Saturday, November 23, 2024

Maywood home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Maywood rose by $3,250 while total sales decreased by 20%, according to BlockShopper.com.

In April 2017, there were 20 homes sold, with a median sale price of $76,250 - a 4.5% increase over the $73,000 median sale price for the same period of the previous year. There were 25 homes sold in Maywood in April 2016.

The median sales tax in Maywood for 2017 was $4,951. In 2016, the median sales tax was $4,528. This marks an increase of 9.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 6.5%.

The following table compares Maywood 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)
Crestwood1718-5.6%$87,500$125,000-30%
Lansing48456.7%$87,500$79,00010.8%
South Holland393030%$85,000$84,5000.6%
Country Club Hills25238.7%$84,500$110,000-23.2%
Posen63100%$81,000$50,00062%
Maywood2025-20%$76,250$73,0004.5%
Steger81700%$75,250$9,000736.1%
Calumet City422850%$73,750$42,75072.5%
Hazel Crest251392.3%$70,000$54,00029.6%
Dolton342917.2%$67,000$42,50057.6%
Calumet Park410-60%$66,250$52,00027.4%

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