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North Cook News

Wednesday, April 24, 2024

Deercrest Estates home prices fall in May 2017

Realestate2

The median sale price of a home sold in May 2017 in Deercrest Estates fell by $164,000 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2017, there were four homes sold, with a median sale price of $271,000 - a 37.7% decrease over the $435,000 median sale price for the same period of the previous year. There were three homes sold in Deercrest Estates in May 2016.

The median sales tax in Deercrest Estates for 2017 was $3,723. In 2016, the median sales tax was $3,660. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Deercrest Estates 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)
Arlington Heights14811528.7%$321,000$317,5001.1%
Lemont2021-4.8%$305,000$368,000-17.1%
Mount Prospect72694.3%$300,250$320,000-6.2%
Morton Grove423616.7%$297,500$268,50010.8%
Skokie1007926.6%$279,500$285,000-1.9%
Deercrest Estates4333.3%$271,000$435,000-37.7%
Norridge15150%$270,000$265,0001.9%
Niles39382.6%$265,000$259,7502%
Harwood Heights14875%$260,000$263,500-1.3%
Willow Springs711-36.4%$254,500$240,0006%
Orland Park1219133%$252,500$225,00012.2%

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