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Wednesday, November 27, 2024

Lynwood (Cook County) home prices fall 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 Lynwood in Cook County fell by $10,500 while total sales decreased by 15.4%, according to BlockShopper.com.

From April through June of 2019, there were 22 homes sold, with a median sale price of $139,500 - a 7% decrease over the $150,000 median sale price for the same period of the previous year. There were 26 homes sold in Lynwood in the second quarter of 2018.

The median sales tax in Lynwood for the most recent year with available data, 2018, was $4,763, approximately 3.4% of the median home sale price for the second quarter of 2019.

The following table compares Lynwood 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)
Lyons3141-24.4%$152,000$165,000-7.9%
Maywood8990-1.1%$150,000$134,75011.3%
Crestwood6876-10.5%$150,000$120,50024.5%
Matteson7381-9.9%$150,000$150,0000%
Midlothian6483-22.9%$148,000$135,0009.6%
Lynwood2226-15.4%$139,500$150,000-7%
South Holland92122-24.6%$139,250$142,500-2.3%
Rosemont67-14.3%$132,500$375,000-64.7%
Blue Island5560-8.3%$130,000$118,5009.7%
Hometown2231-29%$129,750$124,0004.6%
Glenwood3444-22.7%$127,250$104,25022.1%
* This story only considers sales data for the part of Lynwood that is in Cook County.

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