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Tuesday, October 8, 2024

Olympia Fields home prices rise in May 2018

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The median sale price of a home sold in May 2018 in Olympia Fields rose by $51,000 while total sales decreased by 44.4%, according to BlockShopper.com.

In May 2018, there were five homes sold, with a median sale price of $225,000 - a 29.3% increase over the $174,000 median sale price for the same period of the previous year. There were nine homes sold in Olympia Fields in May 2017.

The median sales tax in Olympia Fields for the most recent year with available data, 2017, was $8,061, approximately 3.6% of the median home sale price for May 2018.

The following table compares Olympia Fields to other Cook County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
North Riverside10911.1%$228,750$230,000-0.5%
Hickory Hills181250%$227,500$218,0004.4%
Bartlett373023.3%$227,500$225,0001.1%
Hanover Park2235-37.1%$226,000$200,00013%
Franklin Park2531-19.4%$225,000$196,00014.8%
Olympia Fields59-44.4%$225,000$174,00029.3%
Forest River10-$222,500$0-
Prospect Heights2123-8.7%$222,000$239,000-7.1%
Schiller Park810-20%$220,500$188,75016.8%
Berwyn6774-9.5%$218,000$213,0002.3%
Melrose Park29290%$217,500$172,50026.1%

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