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Friday, September 27, 2024

Beverly home prices rise in January 2017

Re 11

The median sale price of a home sold in January 2017 in Beverly, a Chicago neighborhood, rose by $500 while total sales decreased by 10.5%, according to BlockShopper.com.

In January 2017, there were 17 homes sold, with a median sale price of $235,000 - a 0.2% increase over the $234,500 median sale price for the same period of the previous year. There were 19 homes sold in Beverly in January 2016.

The median sales tax in Beverly for 2017 was $4,830. In 2016, the median sales tax was $4,742. This marks an increase of 1.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.

The following table compares Beverly to other Chicago neighborhood with similar median sales prices in January 2017:

NeighborhoodJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
North Mayfair511-54.5%$256,000$338,000-24.3%
Uptown342536%$252,000$230,0009.6%
O'Hare47-42.9%$244,500$359,000-31.9%
Dunning564330.2%$240,000$200,00020%
Humboldt Park 3840-5%$240,000$155,50054.3%
Beverly 1719-10.5%$235,000$234,5000.2%
Old Town231735.3%$231,500$356,000-35%
The Loop710-30%$230,000$186,00023.7%
McKinley Park811-27.3%$225,000$183,00023%
Hermosa 1620-20%$220,000$194,50013.1%
Boystown25244.2%$220,000$191,50014.9%

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