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Thursday, November 28, 2024

Dolton 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 Dolton rose by $39,250 while total sales increased by 18.4%, according to BlockShopper.com.

From April through June of 2019, there were 116 homes sold, with a median sale price of $94,250 - a 71.4% increase over the $55,000 median sale price for the same period of the previous year. There were 98 homes sold in Dolton in the second quarter of 2018.

The median sales tax in Dolton for the most recent year with available data, 2018, was $3,817, approximately 4.1% of the median home sale price for the second quarter of 2019.

The following table compares Dolton 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)
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%
Phoenix220%$80,500$29,000177.6%
Calumet City1371323.8%$77,000$75,5002%
Chicago Heights71701.4%$68,000$85,500-20.5%

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