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West Cook News

Wednesday, November 27, 2024

Western Springs home prices rise in March 2018

Re 9

The median sale price of a home sold in March 2018 in Western Springs rose by $115,000 while total sales increased by 6.7%, according to BlockShopper.com.

In March 2018, there were 16 homes sold, with a median sale price of $540,000 - a 27.1% increase over the $425,000 median sale price for the same period of the previous year. There were 15 homes sold in Western Springs in March 2017.

The median sales tax in Western Springs for the most recent year with available data, 2017, was $10,034, approximately 1.9% of the median home sale price for March 2018.

The following table compares Western Springs to other Cook County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Hinsdale220%$839,500$633,00032.6%
Winnetka2026-23.1%$811,000$937,500-13.5%
Glencoe12933.3%$780,500$600,00030.1%
Burr Ridge7616.7%$735,000$506,50045.1%
Wilmette423713.5%$707,500$769,000-8%
Western Springs16156.7%$540,000$425,00027.1%
Northfield550%$505,000$250,000102%
Barrington Hills110%$460,000$638,000-27.9%
Inverness68-25%$433,750$550,500-21.2%
Deercrest Estates20-$422,750$0-
Northbrook4751-7.8%$395,000$447,500-11.7%

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