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West Cook News

Friday, November 1, 2024

Indian Head Park home prices rise in September 2017

Realestate077

The median sale price of a home sold in September 2017 in Indian Head Park rose by $23,000 while total sales decreased by 46.2%, according to BlockShopper.com.

In September 2017, there were seven homes sold, with a median sale price of $238,000 - a 10.7% increase over the $215,000 median sale price for the same period of the previous year. There were 13 homes sold in Indian Head Park in September 2016.

The median sales tax in Indian Head Park for 2017 was $4,498. In 2016, the median sales tax was $4,044. This marks an increase of 11.2%. 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 Indian Head Park 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)
Harwood Heights810-20%$249,000$240,0003.8%
Willow Springs12771.4%$246,500$143,50071.8%
Palos Heights1625-36%$244,500$260,000-6%
Westchester2430-20%$239,500$224,0006.9%
Hoffman Estates6983-16.9%$238,000$225,0005.8%
Indian Head Park713-46.2%$238,000$215,00010.7%
Brookfield3040-25%$237,500$224,5005.8%
Elmhurst220%$235,000$167,50040.3%
Prospect Heights1122-50%$233,500$239,000-2.3%
Roselle813-38.5%$230,000$168,00036.9%
Rolling Meadows38380%$230,000$194,50018.3%

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