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Friday, April 26, 2024

Buena Park home prices rise in November 2017

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The median sale price of a home sold in November 2017 in Buena Park, a Chicago neighborhood, rose by $109,500 while total sales decreased by 50%, according to BlockShopper.com.

In November 2017, there were nine homes sold, with a median sale price of $275,000 - a 66.2% increase over the $165,500 median sale price for the same period of the previous year. There were 18 homes sold in Buena Park in November 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%.

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

NeighborhoodNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Albany Park4144-6.8%$290,000$282,0002.8%
Big Oaks52150%$287,500$278,0003.4%
Uptown31310%$282,000$287,500-1.9%
Jefferson Park402653.8%$281,250$292,500-3.8%
Beverly 262313%$277,500$275,0000.9%
Buena Park918-50%$275,000$165,50066.2%
Galewood810-20%$268,250$178,75050.1%
Chinatown16-83.3%$262,000$184,50042%
Tri-Taylor330%$256,000$187,00036.9%
Hermosa 24229.1%$255,000$240,2506.1%
Humboldt Park 4243-2.3%$252,250$286,000-11.8%

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