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Wednesday, November 27, 2024

Tinley Park (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 Tinley Park in Cook County rose by $2,500 while total sales decreased by 20.1%, according to BlockShopper.com.

From April through June of 2019, there were 286 homes sold, with a median sale price of $202,500 - a 1.3% increase over the $200,000 median sale price for the same period of the previous year. There were 358 homes sold in Tinley Park in the second quarter of 2018.

The median sales tax in Tinley Park for the most recent year with available data, 2018, was $5,839, approximately 2.9% of the median home sale price for the second quarter of 2019.

The following table compares Tinley Park 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)
Schaumburg396401-1.2%$213,000$196,5008.4%
Melrose Park6384-25%$212,000$200,0006%
Rolling Meadows104132-21.2%$211,000$217,500-3%
River Grove342725.9%$204,500$165,00023.9%
Hillside2731-12.9%$204,000$190,0007.4%
Tinley Park286358-20.1%$202,500$200,0001.3%
Burbank1101027.8%$202,000$183,50010.1%
Franklin Park776028.3%$201,000$210,750-4.6%
Streamwood228247-7.7%$201,000$190,5005.5%
Forest View660%$200,000$207,107-3.4%
Olympia Fields4020100%$200,000$205,000-2.4%
* This story only considers sales data for the part of Tinley Park that is in Cook County.

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