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West Cook News

Tuesday, April 16, 2024

Berwyn home prices rise in September 2017

Realestate077

The median sale price of a home sold in September 2017 in Berwyn rose by $1,000 while total sales decreased by 18.7%, according to BlockShopper.com.

In September 2017, there were 61 homes sold, with a median sale price of $196,000 - a 0.5% increase over the $195,000 median sale price for the same period of the previous year. There were 75 homes sold in Berwyn in September 2016.

The median sales tax in Berwyn for 2017 was $5,672. In 2016, the median sales tax was $4,822. This marks an increase of 17.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Berwyn 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)
Summit35-40%$213,000$85,000150.6%
River Grove14137.7%$202,500$184,00010.1%
Schaumburg1159916.2%$202,000$173,50016.4%
Franklin Park1821-14.3%$198,500$172,00015.4%
Hillside12119.1%$197,500$135,50045.8%
Berwyn6175-18.7%$196,000$195,0000.5%
Hanover Park2326-11.5%$195,000$184,0006%
Olympia Fields7540%$191,000$202,000-5.4%
Tinley Park88871.1%$189,000$185,0002.2%
Streamwood976647%$188,000$192,500-2.3%
Northlake16160%$188,000$172,5009%

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