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Friday, April 26, 2024

Glenview home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Glenview rose by $10,000 while total sales increased by 38.8%, according to BlockShopper.com.

In May 2017, there were 111 homes sold, with a median sale price of $422,500 - a 2.4% increase over the $412,500 median sale price for the same period of the previous year. There were 80 homes sold in Glenview in May 2016.

The median sales tax in Glenview for 2017 was $7,986. In 2016, the median sales tax was $7,785. This marks an increase of 2.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Glenview 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)
River Forest252119%$503,000$200,000151.5%
Glenbrook Countryside23-33.3%$500,000$380,00031.6%
Northfield1015-33.3%$491,500$580,500-15.3%
Northbrook686013.3%$479,000$480,000-0.2%
Inverness10825%$475,000$774,500-38.7%
Glenview1118038.8%$422,500$412,5002.4%
Barrington12933.3%$417,500$310,00034.7%
Park Ridge64598.5%$412,500$350,00017.9%
Riverside1419-26.3%$404,500$310,00030.5%
La Grange Park2023-13%$382,500$327,00017%
Lincolnwood151136.4%$355,500$510,000-30.3%

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