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Thursday, November 28, 2024

Lemont (Cook County) home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Lemont in Cook County rose by $6,000 while total sales decreased by 9.8%, according to BlockShopper.com.

From April through June of 2019, there were 83 homes sold, with a median sale price of $350,000 - a 1.7% increase over the $344,000 median sale price for the same period of the previous year. There were 92 homes sold in Lemont in the second quarter of 2018.

The median sales tax in Lemont for the most recent year with available data, 2018, was $6,664, approximately 1.9% of the median home sale price for the second quarter of 2019.

The following table compares Lemont to other Cook County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Riverside4347-8.5%$415,000$420,000-1.2%
Glenview247275-10.2%$395,000$425,000-7.1%
Lincolnwood3945-13.3%$394,000$350,00012.6%
La Grange Park58571.8%$371,500$340,0009.3%
Oak Park233317-26.5%$351,000$370,000-5.1%
Lemont8392-9.8%$350,000$344,0001.7%
Evanston309325-4.9%$340,000$321,0005.9%
La Grange Highlands16160%$337,000$365,000-7.7%
Deercrest Estates12120%$334,250$347,500-3.8%
Skokie223262-14.9%$315,500$313,5000.6%
Palos Park5359-10.2%$310,000$335,000-7.5%
* This story only considers sales data for the part of Lemont that is in Cook County.

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