Hermosa home prices rise in October 2017
In October 2017, there were 18 homes sold, with a median sale price of $247,500 - a 6.9% increase over the $231,500 median sale price for the same period of the previous year. There were 22 homes sold in Hermosa in October 2016.
The median sales tax in Hermosa for 2017 was $4,223. In 2016, the median sales tax was $4,090. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Hermosa to other Chicago neighborhood with similar median sales prices in October 2017: