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Thursday, April 25, 2024

Maywood home prices rise in September 2017

Re 9

The median sale price of a home sold in September 2017 in Maywood rose by $48,848 while total sales increased by 7.4%, according to BlockShopper.com.

In September 2017, there were 29 homes sold, with a median sale price of $142,348 - a 52.2% increase over the $93,500 median sale price for the same period of the previous year. There were 27 homes sold in Maywood in September 2016.

The median sales tax in Maywood for 2017 was $4,951. In 2016, the median sales tax was $4,528. This marks an increase of 9.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.

The following table compares Maywood 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)
Alsip2434-29.4%$149,250$133,00012.2%
Bellwood2529-13.8%$147,000$130,00013.1%
Justice814-42.9%$146,000$166,000-12%
Broadview1012-16.7%$144,750$159,500-9.2%
Homewood2439-38.5%$144,250$88,00063.9%
Maywood29277.4%$142,348$93,50052.2%
Midlothian1821-14.3%$137,500$129,0006.6%
Lyons1112-8.3%$130,000$152,500-14.8%
Blue Island20195.3%$128,500$82,00056.7%
Worth211816.7%$128,000$152,000-15.8%
Cicero4759-20.3%$125,000$155,000-19.4%

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