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Wednesday, November 27, 2024

Glenwood 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 Glenwood rose by $23,000 while total sales decreased by 22.7%, according to BlockShopper.com.

From April through June of 2019, there were 34 homes sold, with a median sale price of $127,250 - a 22.1% increase over the $104,250 median sale price for the same period of the previous year. There were 44 homes sold in Glenwood in the second quarter of 2018.

The median sales tax in Glenwood for the most recent year with available data, 2018, was $4,118, approximately 3.2% of the median home sale price for the second quarter of 2019.

The following table compares Glenwood 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)
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%
Steger1318-27.8%$110,000$52,500109.5%

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