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Wednesday, November 27, 2024

Lemont (Cook County) home prices rise in the first half of 2019

Realestate2

The median sale price of a home sold in the first half of 2019 in Lemont in Cook County rose by $22,500 while total sales decreased by 16.1%, according to BlockShopper.com.

From January through June of 2019, there were 115 homes sold, with a median sale price of $337,500 - a 7.1% increase over the $315,000 median sale price for the same period of the previous year. There were 137 homes sold in Lemont in the first half of 2018.

The median sales tax in Lemont for the most recent year with available data, 2018, was $6,664, approximately 2% of the median home sale price for the first half of 2019.

The following table compares Lemont to other Cook County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Glenview370419-11.7%$393,750$429,000-8.2%
Riverside6667-1.5%$388,000$410,000-5.4%
La Grange Park9297-5.2%$346,500$350,000-1%
Lincolnwood7182-13.4%$345,000$344,0000.3%
Deercrest Estates1420-30%$345,000$322,5007%
Lemont115137-16.1%$337,500$315,0007.1%
La Grange Highlands22214.8%$337,000$360,000-6.4%
Evanston463505-8.3%$330,000$325,0001.5%
Palos Park86851.2%$316,000$325,000-2.8%
Skokie374450-16.9%$313,500$314,250-0.2%
Arlington Heights618662-6.6%$294,500$320,000-8%
* This story only considers sales data for the part of Lemont that is in Cook County.

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