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South Cook News

Tuesday, October 8, 2024

Orland Hills home prices fall in May 2018

Re 6

The median sale price of a home sold in May 2018 in Orland Hills fell by $14,000 while total sales decreased by 15.4%, according to BlockShopper.com.

In May 2018, there were 11 homes sold, with a median sale price of $190,000 - a 6.9% decrease over the $204,000 median sale price for the same period of the previous year. There were 13 homes sold in Orland Hills in May 2017.

The median sales tax in Orland Hills for the most recent year with available data, 2017, was $5,048, approximately 2.7% of the median home sale price for May 2018.

The following table compares Orland Hills 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)
Hillside12933.3%$204,000$160,00027.5%
Wheeling4261-31.1%$201,500$172,00017.2%
Tinley Park1119615.6%$200,000$190,2505.1%
Northlake151050%$200,000$143,00039.9%
Streamwood7172-1.4%$196,000$190,5002.9%
Orland Hills1113-15.4%$190,000$204,000-6.9%
Schaumburg124125-0.8%$189,500$199,500-5%
Alsip23230%$185,000$144,00028.5%
Burbank36345.9%$181,500$170,2506.6%
Oak Lawn1299535.8%$180,000$172,0004.7%
Justice11110%$180,000$145,00024.1%

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