From January through December of 2017, there were 268 homes sold, with a median sale price of $230,250 - a 2.3% increase over the $225,000 median sale price for the previous year. There were 277 homes sold in Buena Park in 2016.
The median sales tax in Buena Park for 2017 was $2,778. In 2016, the median sales tax was $2,656. This marks an increase of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.
The following table compares Buena Park to other Chicago neighborhood with similar median sales prices in 2017:
Neighborhood | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Dunning | 675 | 643 | 5% | $243,500 | $234,000 | 4.1% |
Galewood | 160 | 146 | 9.6% | $240,000 | $230,000 | 4.3% |
Mount Greenwood | 253 | 272 | -7% | $235,000 | $211,000 | 11.4% |
Tri-Taylor | 35 | 37 | -5.4% | $232,500 | $290,000 | -19.8% |
Montclare | 169 | 152 | 11.2% | $232,000 | $225,000 | 3.1% |
Buena Park | 268 | 277 | -3.2% | $230,250 | $225,000 | 2.3% |
Hyde Park | 284 | 289 | -1.7% | $225,000 | $188,000 | 19.7% |
West Rogers Park | 810 | 719 | 12.7% | $215,500 | $206,000 | 4.6% |
Garfield Ridge | 490 | 454 | 7.9% | $215,000 | $203,500 | 5.7% |
Edgewater | 740 | 705 | 5% | $215,000 | $215,000 | 0% |
Bronzeville | 412 | 370 | 11.4% | $214,000 | $189,500 | 12.9% |