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Friday, November 1, 2024

Forest View home prices rise in September 2017

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The median sale price of a home sold in September 2017 in Forest View rose by $50,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In September 2017, there were two homes sold, with a median sale price of $263,750 - a 23.4% increase over the $213,750 median sale price for the same period of the previous year. There were two homes sold in Forest View in September 2016, as well.

The median sales tax in Forest View for 2017 was $4,766. In 2016, the median sales tax was $4,297. This marks an increase of 10.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Forest View to other Cook County cities with similar median sales prices in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Mount Prospect63621.6%$276,500$292,500-5.5%
Oak Park95923.3%$275,000$351,500-21.8%
Forest Park2731-12.9%$273,500$210,00030.2%
Orland Park9497-3.1%$273,000$231,00018.2%
Bartlett34319.7%$265,000$237,00011.8%
Forest View220%$263,750$213,75023.4%
Niles4052-23.1%$257,500$251,7502.3%
Buffalo Grove2839-28.2%$254,000$220,00015.5%
Elmwood Park382740.7%$251,250$222,00013.2%
Palatine1261186.8%$250,000$203,00023.2%
Harwood Heights810-20%$249,000$240,0003.8%

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