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Friday, April 19, 2024

Kenilworth home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Kenilworth fell by $780,000 while total sales increased by 333.3%, according to BlockShopper.com.

In May 2017, there were 13 homes sold, with a median sale price of $1,120,000 - a 41.1% decrease over the $1,900,000 median sale price for the same period of the previous year. There were three homes sold in Kenilworth in May 2016.

The median sales tax in Kenilworth for 2017 was $26,828. In 2016, the median sales tax was $26,490. This marks an increase of 1.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Kenilworth133333.3%$1,120,000$1,900,000-41.1%
Winnetka1619-15.8%$862,500$980,000-12%
Barrington Hills31200%$790,000$180,000338.9%
Wilmette645125.5%$665,500$687,500-3.2%
Equestrian Estates10-$625,000$0-
Burr Ridge161060%$611,250$497,50022.9%
Glencoe191346.2%$610,000$1,145,000-46.7%
South Barrington83166.7%$589,000$725,000-18.8%
Western Springs2223-4.3%$558,750$550,0001.6%
Hinsdale5366.7%$555,000$421,00031.8%
La Grange312240.9%$539,000$450,75019.6%

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