In May 2018, there were seven homes sold, with a median sale price of $150,000 - a 5.4% increase over the $142,250 median sale price for the same period of the previous year. There were eight homes sold in Lynwood in May 2017.
The median sales tax in Lynwood for the most recent year with available data, 2017, was $4,907, approximately 3.3% of the median home sale price for May 2018.
The following table compares Lynwood to other Cook County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Summit | 4 | 17 | -76.5% | $157,500 | $153,000 | 2.9% |
| Bellwood | 26 | 16 | 62.5% | $154,500 | $116,000 | 33.2% |
| Palos Hills | 37 | 29 | 27.6% | $153,000 | $153,500 | -0.3% |
| Stickney | 8 | 15 | -46.7% | $153,000 | $136,000 | 12.5% |
| Richton Park | 15 | 20 | -25% | $152,000 | $60,250 | 152.3% |
| Lynwood | 7 | 8 | -12.5% | $150,000 | $142,250 | 5.4% |
| River Grove | 8 | 4 | 100% | $144,000 | $215,000 | -33% |
| South Holland | 38 | 35 | 8.6% | $139,500 | $127,000 | 9.8% |
| Steger | 5 | 5 | 0% | $138,500 | $80,000 | 73.1% |
| Homewood | 34 | 32 | 6.3% | $129,500 | $123,250 | 5.1% |
| Midlothian | 30 | 15 | 100% | $127,500 | $142,000 | -10.2% |
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