Quantcast

South Cook News

Monday, November 25, 2024

Lynwood (Cook County) home prices rise in February 2018

Realestate3

The median sale price of a home sold in February 2018 in Lynwood in Cook County rose by $25,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In February 2018, there were seven homes sold, with a median sale price of $162,000 - a 18.2% increase over the $137,000 median sale price for the same period of the previous year. There were seven homes sold in Lynwood in February 2017, as well.

The median sales tax in Lynwood for the most recent year with available data, 2017, was $4,907, approximately 3% of the median home sale price for February 2018.

The following table compares Lynwood 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)
Berwyn534712.8%$170,000$220,000-22.7%
Rolling Meadows1520-25%$170,000$215,750-21.2%
Elgin1418-22.2%$166,500$132,00026.1%
Palos Hills151136.4%$164,500$121,00036%
Schiller Park46-33.3%$162,500$177,750-8.6%
Lynwood770%$162,000$137,00018.2%
Wheeling252119%$160,000$158,0001.3%
Homewood2123-8.7%$160,000$142,00012.7%
Broadview24-50%$158,500$160,000-0.9%
Cicero4048-16.7%$158,500$164,500-3.6%
Olympia Fields770%$157,000$182,000-13.7%
* This story only considers sales data for the part of Lynwood that is in Cook County.

MORE NEWS