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Sunday, November 17, 2024

Broadview home prices rise in July 2017

Realestate5

The median sale price of a home sold in July 2017 in Broadview rose by $80,000 while total sales decreased by 22.2%, according to BlockShopper.com.

In July 2017, there were seven homes sold, with a median sale price of $200,000 - a 66.7% increase over the $120,000 median sale price for the same period of the previous year. There were nine homes sold in Broadview in July 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 1.9%.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Stickney89-11.1%$212,000$190,00011.6%
River Grove15887.5%$210,000$175,00020%
Schaumburg1471358.9%$205,000$200,0002.5%
Burbank2837-24.3%$202,500$180,00012.5%
Tinley Park101114-11.4%$202,000$177,50013.8%
Broadview79-22.2%$200,000$120,00066.7%
Palos Hills2535-28.6%$200,000$152,00031.6%
Oak Forest4041-2.4%$199,750$165,00021.1%
Berkeley9650%$193,000$169,50013.9%
Hickory Hills1823-21.7%$192,500$224,000-14.1%
Forest View21100%$192,500$266,000-27.6%

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