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South Cook News

Wednesday, November 27, 2024

Burnham home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Burnham rose by $54,000 while total sales increased by 100%, according to BlockShopper.com.

In June 2019, there were six homes sold, with a median sale price of $107,500 - a 100.9% increase over the $53,500 median sale price for the same period of the previous year. There were three homes sold in Burnham in June 2018.

The median sales tax in Burnham for the most recent year with available data, 2018, was $3,081, approximately 2.9% of the median home sale price for June 2019.

The following table compares Burnham 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)
Hometown712-41.7%$129,500$125,0003.6%
Thornton6520%$129,000$115,00012.2%
Blue Island20195.3%$124,250$150,000-17.2%
Lansing4650-8%$123,250$119,5003.1%
Country Club Hills1930-36.7%$120,000$117,5002.1%
Burnham63100%$107,500$53,500100.9%
Chicago Ridge1822-18.2%$103,500$152,000-31.9%
Merrionette Park82300%$103,500$145,250-28.7%
South Chicago Heights6520%$100,000$60,00066.7%
Chicago Heights2328-17.9%$97,500$81,25020%
Dolton44424.8%$95,000$91,5003.8%

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