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Saturday, April 20, 2024

Buena Park home prices fall in June 2017

Realestate5

The median sale price of a home sold in June 2017 in Buena Park, a Chicago neighborhood, fell by $30,000 while total sales increased by 3.4%, according to BlockShopper.com.

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:

NeighborhoodJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Bronzeville483729.7%$229,500$130,00076.5%
Heart of Chicago84100%$229,500$167,50037%
Edgewater 8186-5.8%$220,000$197,25011.5%
McKinley Park13785.7%$210,000$159,00032.1%
West Rogers Park8385-2.4%$208,000$175,00018.9%
Buena Park30293.4%$205,000$235,000-12.8%
Clearing292420.8%$197,000$224,500-12.2%
West Lawn34333%$196,250$183,0007.2%
West Elsdon141127.3%$189,000$200,000-5.5%
Scottsdale1724-29.2%$185,500$188,500-1.6%
Rogers Park854493.2%$185,000$168,25010%

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