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Sunday, November 24, 2024

Buena Park home prices rise in February 2017

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The median sale price of a home sold in February 2017 in Buena Park, a Chicago neighborhood, rose by $500 while total sales decreased by 41.2%, according to BlockShopper.com.

In February 2017, there were 10 homes sold, with a median sale price of $196,000 - a 0.3% increase over the $195,500 median sale price for the same period of the previous year. There were 17 homes sold in Buena Park in February 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 1.4%.

The following table compares Buena Park to other Chicago neighborhood with similar median sales prices in February 2017:

NeighborhoodFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Clearing1314-7.1%$209,000$159,25031.2%
Mount Greenwood1113-15.4%$207,000$230,000-10%
Dunning403611.1%$197,750$213,500-7.4%
Ashburn 1113-15.4%$197,500$116,00070.3%
Bronzeville272128.6%$196,000$170,00015.3%
Buena Park1017-41.2%$196,000$195,5000.3%
Archer Heights660%$195,000$172,50013%
McKinley Park59-44.4%$195,000$190,0002.6%
Garfield Ridge2027-25.9%$191,500$138,00038.8%
Tri-Taylor10-$188,000$0-
West Lawn252213.6%$187,500$174,5007.4%

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