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Monday, September 30, 2024

Harwood Heights home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Harwood Heights fell by $3,500 while total sales increased by 75%, according to BlockShopper.com.

In May 2017, there were 14 homes sold, with a median sale price of $260,000 - a 1.3% decrease over the $263,500 median sale price for the same period of the previous year. There were eight homes sold in Harwood Heights in May 2016.

The median sales tax in Harwood Heights for 2017 was $4,757. In 2016, the median sales tax was $4,829. This marks an decrease of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Harwood Heights 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)
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%
Hoffman Estates6371-11.3%$249,000$215,00015.8%
Elk Grove Village514221.4%$247,500$220,00012.5%
La Grange Highlands330%$240,000$390,000-38.5%

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