In June 2017, there were 30 homes sold, with a median sale price of $205,000 - a 12.8% decrease over the $235,000 median sale price for the same period of the previous year. There were 29 homes sold in Buena Park in June 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 June 2017:
Neighborhood | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bronzeville | 48 | 37 | 29.7% | $229,500 | $130,000 | 76.5% |
Heart of Chicago | 8 | 4 | 100% | $229,500 | $167,500 | 37% |
Edgewater | 81 | 86 | -5.8% | $220,000 | $197,250 | 11.5% |
McKinley Park | 13 | 7 | 85.7% | $210,000 | $159,000 | 32.1% |
West Rogers Park | 83 | 85 | -2.4% | $208,000 | $175,000 | 18.9% |
Buena Park | 30 | 29 | 3.4% | $205,000 | $235,000 | -12.8% |
Clearing | 29 | 24 | 20.8% | $197,000 | $224,500 | -12.2% |
West Lawn | 34 | 33 | 3% | $196,250 | $183,000 | 7.2% |
West Elsdon | 14 | 11 | 27.3% | $189,000 | $200,000 | -5.5% |
Scottsdale | 17 | 24 | -29.2% | $185,500 | $188,500 | -1.6% |
Rogers Park | 85 | 44 | 93.2% | $185,000 | $168,250 | 10% |