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South Cook News

Wednesday, November 27, 2024

Hometown 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 Hometown rose by $5,750 while total sales decreased by 29%, according to BlockShopper.com.

From April through June of 2019, there were 22 homes sold, with a median sale price of $129,750 - a 4.6% increase over the $124,000 median sale price for the same period of the previous year. There were 31 homes sold in Hometown in the second quarter of 2018.

The median sales tax in Hometown for the most recent year with available data, 2018, was $3,003, approximately 2.3% of the median home sale price for the second quarter of 2019.

The following table compares Hometown 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)
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%
Posen1618-11.1%$126,500$107,50017.7%
Country Club Hills5792-38%$123,500$104,50018.2%
Thornton201811.1%$114,000$109,0004.6%
Chicago Ridge5556-1.8%$114,000$118,250-3.6%

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