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West Cook News

Tuesday, November 26, 2024

Bellwood home prices fall in March 2018

Re 13

The median sale price of a home sold in March 2018 in Bellwood fell by $26,250 while total sales decreased by 44%, according to BlockShopper.com.

In March 2018, there were 14 homes sold, with a median sale price of $97,750 - a 21.2% decrease over the $124,000 median sale price for the same period of the previous year. There were 25 homes sold in Bellwood in March 2017.

The median sales tax in Bellwood for the most recent year with available data, 2017, was $4,154, approximately 4.2% of the median home sale price for March 2018.

The following table compares Bellwood 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)
Hazel Crest19190%$108,000$75,00044%
Calumet Park156150%$105,000$56,00087.5%
Lansing4143-4.7%$105,000$65,00061.5%
Crestwood181520%$104,750$105,000-0.2%
Thornton24-50%$98,500$106,500-7.5%
Bellwood1425-44%$97,750$124,000-21.2%
Calumet City493828.9%$93,500$47,25097.9%
South Chicago Heights550%$84,000$35,000140%
Chicago Ridge13128.3%$72,500$60,75019.3%
Chicago Heights322814.3%$66,250$60,00010.4%
Dolton412846.4%$60,000$49,25021.8%

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