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Wednesday, November 27, 2024

Calumet City 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 Calumet City rose by $1,500 while total sales increased by 3.8%, according to BlockShopper.com.

From April through June of 2019, there were 137 homes sold, with a median sale price of $77,000 - a 2% increase over the $75,500 median sale price for the same period of the previous year. There were 132 homes sold in Calumet City in the second quarter of 2018.

The median sales tax in Calumet City for the most recent year with available data, 2018, was $3,530, approximately 4.6% of the median home sale price for the second quarter of 2019.

The following table compares Calumet City 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)
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%
Park Forest958215.9%$67,000$69,500-3.6%
East Hazel Crest48-50%$66,000$52,25026.3%
Markham3244-27.3%$63,500$50,00027%
South Chicago Heights191346.2%$62,000$74,000-16.2%

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