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West Cook News

Monday, November 25, 2024

Indian Head Park home prices fall in January 2018

Realestate1

The median sale price of a home sold in January 2018 in Indian Head Park fell by $51,000 while total sales increased by 60%, according to BlockShopper.com.

In January 2018, there were eight homes sold, with a median sale price of $204,000 - a 20% decrease over the $255,000 median sale price for the same period of the previous year. There were five homes sold in Indian Head Park in January 2017.

The median sales tax in Indian Head Park for the most recent year with available data, 2017, was $4,498, approximately 2.2% of the median home sale price for January 2018.

The following table compares Indian Head Park to other Cook County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Hickory Hills1719-10.5%$215,000$185,00016.2%
Forest Park2426-7.7%$214,500$210,0002.1%
Des Plaines8090-11.1%$210,000$200,0005%
Justice147100%$210,000$148,00041.9%
Schiller Park151225%$205,000$169,00021.3%
Indian Head Park8560%$204,000$255,000-20%
Oak Forest332532%$200,000$150,00033.3%
Franklin Park1318-27.8%$200,000$155,50028.6%
Lyons919-52.6%$200,000$141,00041.8%
Broadview616-62.5%$196,750$135,00045.7%
Olympia Fields8714.3%$195,750$225,000-13%

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