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Saturday, November 2, 2024

Bellwood home prices rise in January 2018

Re 12

The median sale price of a home sold in January 2018 in Bellwood rose by $19,500 while total sales decreased by 21.7%, according to BlockShopper.com.

In January 2018, there were 18 homes sold, with a median sale price of $143,500 - a 15.7% increase over the $124,000 median sale price for the same period of the previous year. There were 23 homes sold in Bellwood in January 2017.

The median sales tax in Bellwood for the most recent year with available data, 2017, was $4,154, approximately 2.9% of the median home sale price for January 2018.

The following table compares Bellwood 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)
Northlake156150%$160,000$134,25019.2%
Cicero4259-28.8%$157,500$150,0005%
Hillside11922.2%$156,000$170,000-8.2%
Buffalo Grove1432-56.3%$152,500$196,500-22.4%
South Holland4047-14.9%$144,000$118,00022%
Bellwood1823-21.7%$143,500$124,00015.7%
Stickney880%$143,250$167,500-14.5%
Homewood2429-17.2%$141,000$135,0004.4%
Midlothian1625-36%$136,750$157,500-13.2%
Matteson32320%$133,500$117,50013.6%
Palos Hills22214.8%$132,500$165,000-19.7%

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