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Saturday, November 2, 2024

Broadview home prices rise in January 2018

Re 10

The median sale price of a home sold in January 2018 in Broadview rose by $61,750 while total sales decreased by 62.5%, according to BlockShopper.com.

In January 2018, there were six homes sold, with a median sale price of $196,750 - a 45.7% increase over the $135,000 median sale price for the same period of the previous year. There were 16 homes sold in Broadview in January 2017.

The median sales tax in Broadview for the most recent year with available data, 2017, was $3,807, approximately 1.9% of the median home sale price for January 2018.

The following table compares Broadview 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)
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%
Orland Hills710-30%$192,000$156,50022.7%
Elk Grove Village10338171.1%$190,000$224,000-15.2%
Bridgeview815-46.7%$189,500$150,00026.3%
Lynwood12119.1%$187,500$137,00036.9%

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