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South Cook News

Wednesday, November 27, 2024

Blue Island 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 Blue Island rose by $16,500 while total sales decreased by 11.9%, according to BlockShopper.com.

From January through June of 2019, there were 89 homes sold, with a median sale price of $123,500 - a 15.4% increase over the $107,000 median sale price for the same period of the previous year. There were 101 homes sold in Blue Island in the first half of 2018.

The median sales tax in Blue Island for the most recent year with available data, 2018, was $3,260, approximately 2.6% of the median home sale price for the first half of 2019.

The following table compares Blue Island 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)
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%
Glenwood6370-10%$120,000$107,75011.4%
Country Club Hills118179-34.1%$120,000$109,5009.6%
Posen2936-19.4%$120,000$107,50011.6%
Bedford Park67-14.3%$118,250$210,000-43.7%
Chicago Ridge8591-6.6%$114,000$118,000-3.4%

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