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West Cook News

Tuesday, April 23, 2024

Broadview home prices rise in June 2017

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The median sale price of a home sold in June 2017 in Broadview rose by $35,000 while total sales increased by 128.6%, according to BlockShopper.com.

In June 2017, there were 16 homes sold, with a median sale price of $155,000 - a 29.2% increase over the $120,000 median sale price for the same period of the previous year. There were seven homes sold in Broadview in June 2016.

The median sales tax in Broadview for 2017 was $3,807. In 2016, the median sales tax was $3,411. This marks an increase of 11.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Broadview 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)
Stickney810-20%$170,000$168,0001.2%
Justice14955.6%$166,000$153,0008.5%
Evergreen Park453915.4%$166,000$177,500-6.5%
Oak Lawn106110-3.6%$164,750$166,000-0.8%
Homewood3841-7.3%$158,750$143,00011%
Broadview167128.6%$155,000$120,00029.2%
Summit7540%$155,000$180,000-13.9%
Cicero5067-25.4%$149,500$114,50030.6%
Bedford Park40-$145,500$0-
Lyons201533.3%$142,500$135,5005.2%
Hillside111010%$140,000$102,75036.3%

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