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Friday, November 1, 2024

Brookfield home prices rise in September 2017

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The median sale price of a home sold in September 2017 in Brookfield rose by $13,000 while total sales decreased by 25%, according to BlockShopper.com.

In September 2017, there were 30 homes sold, with a median sale price of $237,500 - a 5.8% increase over the $224,500 median sale price for the same period of the previous year. There were 40 homes sold in Brookfield in September 2016.

The median sales tax in Brookfield for 2017 was $5,653. In 2016, the median sales tax was $5,290. This marks an increase of 6.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Brookfield 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)
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%
Elk Grove Village4955-10.9%$230,000$222,0003.6%

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