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North Cook News

Tuesday, November 5, 2024

Streamwood home prices rise in May 2017

Realestate077

The median sale price of a home sold in May 2017 in Streamwood rose by $25,250 while total sales decreased by 5.3%, according to BlockShopper.com.

In May 2017, there were 72 homes sold, with a median sale price of $190,500 - a 15.3% increase over the $165,250 median sale price for the same period of the previous year. There were 76 homes sold in Streamwood in May 2016.

The median sales tax in Streamwood for 2017 was $4,793. In 2016, the median sales tax was $4,744. This marks an increase of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Streamwood 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)
Hanover Park352166.7%$200,000$198,0001%
Schaumburg1251222.5%$199,500$220,000-9.3%
Des Plaines1408760.9%$199,500$201,000-0.7%
Berkeley82300%$198,250$109,75080.6%
Franklin Park312524%$196,000$170,00015.3%
Streamwood7276-5.3%$190,500$165,25015.3%
Tinley Park968315.7%$190,250$188,0001.2%
Schiller Park1011-9.1%$188,750$206,000-8.4%
Oak Forest483154.8%$181,000$155,00016.8%
Olympia Fields94125%$174,000$157,75010.3%
Stone Park34-25%$174,000$86,500101.2%

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