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South Cook News

Wednesday, November 27, 2024

Merrionette Park home prices fall in June 2019

Re 10

The median sale price of a home sold in June 2019 in Merrionette Park fell by $41,750 while total sales increased by 300%, according to BlockShopper.com.

In June 2019, there were eight homes sold, with a median sale price of $103,500 - a 28.7% decrease over the $145,250 median sale price for the same period of the previous year. There were two homes sold in Merrionette Park in June 2018.

The median sales tax in Merrionette Park for the most recent year with available data, 2018, was $2,729, approximately 2.6% of the median home sale price for June 2019.

The following table compares Merrionette 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)
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%
Hazel Crest1820-10%$93,750$104,000-9.9%
Calumet Park8633.3%$88,000$42,000109.5%

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