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Tuesday, February 25, 2020

Countryside home prices fall in May 2017

Real Estate

By West Cook News | Jun 7, 2017

Realestate2

The median sale price of a home sold in May 2017 in Countryside fell by $76,000 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In May 2017, there were six homes sold, with a median sale price of $111,000 - a 40.6% decrease over the $187,000 median sale price for the same period of the previous year. There were six homes sold in Countryside in May 2016, as well.

The median sales tax in Countryside for 2017 was $4,188. In 2016, the median sales tax was $4,055. This marks an increase of 3.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.8%.

The following table compares Countryside to other Cook County cities with similar median sales prices in May 2017:

City
May 2017 Home Sales
May 2016 Home Sales
% change (Total Home Sales)
May 2017 Median Sales Price
May 2016 Median Sales Price
% change (Median Sales Price)
Blue Island
17
25
-32%
$130,000
$100,000
30%
South Holland
35
29
20.7%
$127,000
$81,000
56.8%
Hodgkins
1
0
-
$125,000
$0
-
Homewood
32
17
88.2%
$123,250
$125,000
-1.4%
Bellwood
16
14
14.3%
$116,000
$127,000
-8.7%
Countryside
6
6
0%
$111,000
$187,000
-40.6%
Thornton
2
5
-60%
$110,000
$80,000
37.5%
Chicago Ridge
10
23
-56.5%
$107,500
$139,000
-22.7%
Calumet Park
5
8
-37.5%
$106,000
$47,250
124.3%
Hometown
9
6
50%
$102,500
$116,000
-11.6%
Worth
12
14
-14.3%
$101,000
$140,000
-27.9%

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