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Tuesday, November 5, 2024

Roselle (Cook County) home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Roselle in Cook County rose by $33,000 while total sales increased by 100%, according to BlockShopper.com.

In May 2017, there were 10 homes sold, with a median sale price of $233,000 - a 16.5% increase over the $200,000 median sale price for the same period of the previous year. There were five homes sold in Roselle in May 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 2.2%.

The following table compares Roselle 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)
Elk Grove Village514221.4%$247,500$220,00012.5%
La Grange Highlands330%$240,000$390,000-38.5%
Prospect Heights231291.7%$239,000$154,00055.2%
Forest Park331973.7%$236,000$174,00035.6%
Westchester36360%$234,500$217,7507.7%
Roselle105100%$233,000$200,00016.5%
Palatine15312918.6%$232,000$207,50011.8%
Buffalo Grove2133-36.4%$231,000$200,00015.5%
Palos Park13130%$231,000$295,000-21.7%
Indian Head Park131030%$230,000$226,5001.5%
North Riverside9812.5%$230,000$204,00012.7%
* This story only considers sales data for the part of Roselle that is in Cook County.

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