Quantcast

North Cook News

Monday, November 25, 2024

Evanston home prices rise in the first quarter of 2017

Re 5

The median sale price of a home sold in the first quarter of 2017 in Evanston rose by $20,000 while total sales increased by 11.6%, according to BlockShopper.com.

From January through March of 2017, there were 202 homes sold, with a median sale price of $320,000 - a 6.7% increase over the $300,000 median sale price for the same period of the previous year. There were 181 homes sold in Evanston in the first quarter of 2016.

The median sales tax in Evanston for 2017 was $7,030.35. In 2016, the median sales tax was $6,944.80. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Evanston to other Cook County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Rosemont67-14.3%$362,000$420,000-13.8%
La Grange Park433619.4%$362,000$287,00026.1%
La Grange494216.7%$357,000$333,7507%
Forest River6450%$325,000$199,50062.9%
Oak Park1781657.9%$320,000$272,50017.4%
Evanston20218111.6%$320,000$300,0006.7%
Palos Park312334.8%$300,000$245,00022.4%
Skokie183190-3.7%$288,000$270,0006.7%
Lemont5055-9.1%$285,000$340,000-16.2%
La Grange Highlands12933.3%$285,000$310,000-8.1%
Glenbrook Countryside23-33.3%$280,250$312,500-10.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS