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Wednesday, November 27, 2024

Flossmoor home prices fall in the second quarter of 2019

Realestate3

The median sale price of a home sold in the second quarter of 2019 in Flossmoor fell by $28,750 while total sales increased by 17.9%, according to BlockShopper.com.

From April through June of 2019, there were 66 homes sold, with a median sale price of $187,000 - a 13.3% decrease over the $215,750 median sale price for the same period of the previous year. There were 56 homes sold in Flossmoor in the second quarter of 2018.

The median sales tax in Flossmoor for the most recent year with available data, 2018, was $8,554, approximately 4.6% of the median home sale price for the second quarter of 2019.

The following table compares Flossmoor 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)
Palos Hills78103-24.3%$192,000$165,00016.4%
Wheeling140148-5.4%$191,250$206,250-7.3%
Evergreen Park98107-8.4%$190,000$179,0006.1%
Indian Head Park2833-15.2%$190,000$232,500-18.3%
Elgin1091035.8%$187,000$180,0003.9%
Flossmoor665617.9%$187,000$215,750-13.3%
Bellwood5462-12.9%$186,750$154,50020.9%
Alsip776813.2%$185,000$161,50014.6%
Roselle1421-33.3%$184,250$238,000-22.6%
Justice3032-6.3%$183,000$170,0007.6%
Schiller Park393511.4%$177,000$215,000-17.7%

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