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Sunday, August 3, 2025

Schiller Park home prices fall in December 2017

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The median sale price of a home sold in December 2017 in Schiller Park fell by $70,000 while total sales decreased by 46.2%, according to BlockShopper.com.

In December 2017, there were seven homes sold, with a median sale price of $130,000 - a 35% decrease over the $200,000 median sale price for the same period of the previous year. There were 13 homes sold in Schiller Park in December 2016.

The median sales tax in Schiller Park for 2017 was $4,258. In 2016, the median sales tax was $4,541. This marks an decrease of 6.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.3%.

The following table compares Schiller Park to other Cook County cities with similar median sales prices in December 2017:

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Midlothian1722-22.7%$145,000$121,75019.1%
South Holland3149-36.7%$145,000$121,00019.8%
Homewood393125.8%$140,000$128,0009.4%
Calumet Park37-57.1%$138,000$44,000213.6%
Bellwood2829-3.4%$132,250$120,00010.2%
Schiller Park713-46.2%$130,000$200,000-35%
Southmoor10-$128,000$0-
Lansing3851-25.5%$124,500$89,50039.1%
Maywood242114.3%$122,500$75,00063.3%
Matteson271942.1%$120,500$115,0004.8%
Glenwood3214128.6%$120,000$79,50050.9%

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