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Sunday, November 17, 2024

Lyons home prices rise in July 2017

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The median sale price of a home sold in July 2017 in Lyons rose by $67,250 while total sales decreased by 25%, according to BlockShopper.com.

In July 2017, there were nine homes sold, with a median sale price of $160,000 - a 72.5% increase over the $92,750 median sale price for the same period of the previous year. There were 12 homes sold in Lyons in July 2016.

The median sales tax in Lyons for 2017 was $3,931. In 2016, the median sales tax was $3,861. This marks an increase of 1.8%. 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 Lyons 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)
Orland Hills89-11.1%$168,250$188,000-10.5%
Justice16160%$167,500$167,5000%
Forest Park2245-51.1%$166,750$215,000-22.4%
Homewood403033.3%$165,000$136,00021.3%
Olympia Fields12120%$163,750$160,2502.2%
Lyons912-25%$160,000$92,75072.5%
Worth13862.5%$145,000$122,50018.4%
Summit8560%$145,000$159,000-8.8%
Lynwood10825%$144,000$157,500-8.6%
Midlothian2638-31.6%$138,000$122,50012.7%
Countryside13944.4%$136,000$285,000-52.3%

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