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Thursday, November 28, 2024

Homewood home prices rise in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Homewood rose by $1,500 while total sales decreased by 1.1%, according to BlockShopper.com.

From January through June of 2019, there were 185 homes sold, with a median sale price of $140,000 - a 1.1% increase over the $138,500 median sale price for the same period of the previous year. There were 187 homes sold in Homewood in the first half of 2018.

The median sales tax in Homewood for the most recent year with available data, 2018, was $4,716, approximately 3.4% of the median home sale price for the first half of 2019.

The following table compares Homewood 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)
Matteson147150-2%$165,000$143,50015%
Summit2943-32.6%$165,000$155,0006.5%
Lynwood53498.2%$158,000$162,000-2.5%
Maywood138158-12.7%$148,000$125,00018.4%
Midlothian112138-18.8%$145,500$133,2509.2%
Homewood185187-1.1%$140,000$138,5001.1%
Rosemont1116-31.3%$140,000$364,500-61.6%
Lyons5472-25%$139,500$165,000-15.5%
South Holland181231-21.6%$130,000$139,000-6.5%
Hometown4047-14.9%$124,500$115,0008.3%
Blue Island89101-11.9%$123,500$107,00015.4%

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