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South Cook News

Wednesday, November 27, 2024

Palos Park home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Palos Park rose by $17,500 while total sales decreased by 16%, according to BlockShopper.com.

In June 2019, there were 21 homes sold, with a median sale price of $310,000 - a 6% increase over the $292,500 median sale price for the same period of the previous year. There were 25 homes sold in Palos Park in June 2018.

The median sales tax in Palos Park for the most recent year with available data, 2018, was $7,225, approximately 2.3% of the median home sale price for June 2019.

The following table compares Palos Park to other Cook County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Oak Park80146-45.2%$340,000$403,000-15.6%
Norridge1825-28%$336,750$309,0009%
Deercrest Estates440%$332,500$389,000-14.5%
Broadview1012-16.7%$322,500$180,50078.7%
Arlington Heights141161-12.4%$315,000$321,000-1.9%
Palos Park2125-16%$310,000$292,5006%
Skokie8899-11.1%$307,500$321,000-4.2%
Morton Grove3942-7.1%$301,000$304,000-1%
Mount Prospect98971%$300,000$315,000-4.8%
Harwood Heights819-57.9%$288,500$262,00010.1%
Brookfield3641-12.2%$276,000$237,50016.2%

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