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Thursday, November 28, 2024

Markham home prices rise in the second quarter of 2019

Realestate5

The median sale price of a home sold in the second quarter of 2019 in Markham rose by $13,500 while total sales decreased by 27.3%, according to BlockShopper.com.

From April through June of 2019, there were 32 homes sold, with a median sale price of $63,500 - a 27% increase over the $50,000 median sale price for the same period of the previous year. There were 44 homes sold in Markham in the second quarter of 2018.

The median sales tax in Markham for the most recent year with available data, 2018, was $3,235, approximately 5.1% of the median home sale price for the second quarter of 2019.

The following table compares Markham 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)
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%
Sauk Village403611.1%$49,000$47,7502.6%
Robbins12850%$48,000$42,00014.3%
Riverdale34319.7%$40,250$32,00025.8%
Harvey433234.4%$36,500$35,2503.5%

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