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Monday, November 25, 2024

Hinsdale (Cook County) home prices rise in May 2017

Realestate5

The median sale price of a home sold in May 2017 in Hinsdale in Cook County rose by $134,000 while total sales increased by 66.7%, according to BlockShopper.com.

In May 2017, there were five homes sold, with a median sale price of $555,000 - a 31.8% increase over the $421,000 median sale price for the same period of the previous year. There were three homes sold in Hinsdale in May 2016.

The median sales tax in Hinsdale for 2017 was $15,765. In 2016, the median sales tax was $14,281. This marks an increase of 10.4%. 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 Hinsdale to other Cook County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Equestrian Estates10-$625,000$0-
Burr Ridge161060%$611,250$497,50022.9%
Glencoe191346.2%$610,000$1,145,000-46.7%
South Barrington83166.7%$589,000$725,000-18.8%
Western Springs2223-4.3%$558,750$550,0001.6%
Hinsdale5366.7%$555,000$421,00031.8%
La Grange312240.9%$539,000$450,75019.6%
River Forest252119%$503,000$200,000151.5%
Glenbrook Countryside23-33.3%$500,000$380,00031.6%
Northfield1015-33.3%$491,500$580,500-15.3%
Northbrook686013.3%$479,000$480,000-0.2%
* This story only considers sales data for the part of Hinsdale that is in Cook County.

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