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Sunday, November 24, 2024

Roselle (Cook County) home prices fall in February 2017

Realestate3

The median sale price of a home sold in February 2017 in Roselle in Cook County fell by $78,000 while total sales decreased by 40%, according to BlockShopper.com.

In February 2017, there were three homes sold, with a median sale price of $142,000 - a 35.5% decrease over the $220,000 median sale price for the same period of the previous year. There were five homes sold in Roselle in February 2016.

The median sales tax in Roselle for 2017 was $5,187. In 2016, the median sales tax was $4,968. This marks an increase of 4.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Roselle to other Cook County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Oak Lawn62595.1%$157,000$125,00025.6%
Franklin Park171421.4%$150,000$148,0001.4%
Merrionette Park110%$145,000$76,00090.8%
Alsip1922-13.6%$145,000$134,0008.2%
Forest View10-$143,000$0-
Roselle35-40%$142,000$220,000-35.5%
Northlake1314-7.1%$142,000$105,00035.2%
Homewood231735.3%$142,000$103,50037.2%
Bridgeview1213-7.7%$140,000$150,000-6.7%
Summit10742.9%$137,500$127,0008.3%
Lynwood712-41.7%$137,000$124,7509.8%
* This story only considers sales data for the part of Roselle that is in Cook County.

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