Quantcast

South Cook News

Thursday, November 28, 2024

Lansing home prices fall in the second quarter of 2019

Re 3

The median sale price of a home sold in the second quarter of 2019 in Lansing fell by $5,000 while total sales decreased by 6.8%, according to BlockShopper.com.

From April through June of 2019, there were 150 homes sold, with a median sale price of $110,000 - a 4.3% decrease over the $115,000 median sale price for the same period of the previous year. There were 161 homes sold in Lansing in the second quarter of 2018.

The median sales tax in Lansing for the most recent year with available data, 2018, was $3,727, approximately 3.4% of the median home sale price for the second quarter of 2019.

The following table compares Lansing 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)
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%
Burnham11922.2%$110,000$60,00083.3%
Lansing150161-6.8%$110,000$115,000-4.3%
Hazel Crest5661-8.2%$106,000$83,00027.7%
Calumet Park1624-33.3%$97,000$65,25048.7%
Dolton1169818.4%$94,250$55,00071.4%
Merrionette Park196216.7%$90,000$145,250-38%
Richton Park4154-24.1%$82,000$118,250-30.7%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS