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Monday, November 25, 2024

Lemont (Cook County) home prices fall in February 2018

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The median sale price of a home sold in February 2018 in Lemont in Cook County fell by $90,000 while total sales decreased by 26.7%, according to BlockShopper.com.

In February 2018, there were 11 homes sold, with a median sale price of $279,500 - a 24.4% decrease over the $369,500 median sale price for the same period of the previous year. There were 15 homes sold in Lemont in February 2017.

The median sales tax in Lemont for the most recent year with available data, 2017, was $6,720, approximately 2.4% of the median home sale price for February 2018.

The following table compares Lemont to other Cook County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Evanston4357-24.6%$295,500$265,00011.5%
Mount Prospect2536-30.6%$290,000$254,25014.1%
Morton Grove1821-14.3%$288,000$280,0002.9%
Lincolnwood1015-33.3%$287,500$379,000-24.1%
Barrington8633.3%$285,750$360,000-20.6%
Lemont1115-26.7%$279,500$369,500-24.4%
La Grange171070%$269,000$517,500-48%
Bartlett1516-6.3%$267,000$225,25018.5%
Orland Park53513.9%$265,000$235,00012.8%
Skokie3949-20.4%$261,500$288,000-9.2%
Norridge11110%$250,000$265,000-5.7%
* This story only considers sales data for the part of Lemont that is in Cook County.

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