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Wednesday, November 27, 2024

Orland Hills home prices rise in the first half of 2019

Realestate077

The median sale price of a home sold in the first half of 2019 in Orland Hills rose by $12,000 while total sales decreased by 31.3%, according to BlockShopper.com.

From January through June of 2019, there were 33 homes sold, with a median sale price of $202,000 - a 6.3% increase over the $190,000 median sale price for the same period of the previous year. There were 48 homes sold in Orland Hills in the first half of 2018.

The median sales tax in Orland Hills for the most recent year with available data, 2018, was $5,130, approximately 2.5% of the median home sale price for the first half of 2019.

The following table compares Orland Hills 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)
Melrose Park110134-17.9%$210,000$192,5009.1%
Forest River41300%$207,500$222,500-6.7%
Schaumburg637662-3.8%$205,000$190,0007.9%
River Grove5354-1.9%$204,000$167,50021.8%
Berkeley2836-22.2%$202,500$187,2508.1%
Orland Hills3348-31.3%$202,000$190,0006.3%
Franklin Park13010523.8%$200,500$210,000-4.5%
Forest View990%$200,000$205,000-2.4%
Rolling Meadows162206-21.4%$200,000$198,7500.6%
Burbank1621610.6%$200,000$185,0008.1%
Buffalo Grove144159-9.4%$200,000$200,0000%

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