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South Cook News

Wednesday, November 27, 2024

Oak Lawn home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Oak Lawn fell by $10,000 while total sales decreased by 23%, according to BlockShopper.com.

In June 2019, there were 77 homes sold, with a median sale price of $183,000 - a 5.2% decrease over the $193,000 median sale price for the same period of the previous year. There were 100 homes sold in Oak Lawn in June 2018.

The median sales tax in Oak Lawn for the most recent year with available data, 2018, was $4,111, approximately 2.2% of the median home sale price for June 2019.

The following table compares Oak Lawn 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)
Indian Head Park10911.1%$187,500$259,500-27.7%
Alsip2829-3.4%$187,000$144,50029.4%
Oak Forest4658-20.7%$185,250$190,000-2.5%
Bridgeview251392.3%$185,000$210,000-11.9%
Schiller Park1617-5.9%$184,750$193,000-4.3%
Oak Lawn77100-23%$183,000$193,000-5.2%
Roselle39-66.7%$179,000$174,5002.6%
Worth302615.4%$176,500$165,5006.6%
Palos Hills3334-2.9%$175,000$193,750-9.7%
Wheeling4463-30.2%$172,500$215,000-19.8%
Crestwood2533-24.2%$171,000$132,00029.5%

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