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Friday, April 26, 2024

Brookfield home prices rise in June 2017

Realestate2

The median sale price of a home sold in June 2017 in Brookfield rose by $19,250 while total sales decreased by 12.8%, according to BlockShopper.com.

In June 2017, there were 34 homes sold, with a median sale price of $249,250 - a 8.4% increase over the $230,000 median sale price for the same period of the previous year. There were 39 homes sold in Brookfield in June 2016.

The median sales tax in Brookfield for 2017 was $5,653. In 2016, the median sales tax was $5,290. This marks an increase of 6.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

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

CityJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Mission Hills Estates73133.3%$270,000$215,00025.6%
Prospect Heights2630-13.3%$260,750$267,500-2.5%
Hoffman Estates1081061.9%$260,000$259,2500.3%
North Riverside912-25%$260,000$227,00014.5%
Westchester4953-7.5%$255,000$233,0009.4%
Brookfield3439-12.8%$249,250$230,0008.4%
Palatine1681651.8%$245,500$225,0009.1%
Elmwood Park48456.7%$242,000$255,000-5.1%
Bartlett312334.8%$240,000$220,0009.1%
Hickory Hills1214-14.3%$239,500$203,50017.7%
Buffalo Grove393511.4%$230,000$180,00027.8%

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