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South Cook News

Wednesday, November 27, 2024

Riverdale home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Riverdale rose by $18,250 while total sales increased by 20%, according to BlockShopper.com.

In June 2019, there were six homes sold, with a median sale price of $42,250 - a 76% increase over the $24,000 median sale price for the same period of the previous year. There were five homes sold in Riverdale in June 2018.

The median sales tax in Riverdale for the most recent year with available data, 2018, was $3,013, approximately 7.1% of the median home sale price for June 2019.

The following table compares Riverdale 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)
Hazel Crest1820-10%$93,750$104,000-9.9%
Calumet Park8633.3%$88,000$42,000109.5%
Calumet City43407.5%$88,000$68,75028%
Park Forest322910.3%$79,500$69,50014.4%
Richton Park1624-33.3%$75,750$121,500-37.7%
Dixmoor12-50%$45,000$45,250-0.6%
Markham12120%$43,750$46,000-4.9%
Sauk Village141040%$42,500$46,500-8.6%
Riverdale6520%$42,250$24,00076%
Robbins34-25%$36,000$91,750-60.8%
Harvey1114-21.4%$35,500$32,00010.9%

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