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Wednesday, November 27, 2024

Crestwood home prices fall 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 Crestwood fell by $4,000 while total sales decreased by 15.6%, according to BlockShopper.com.

From January through June of 2019, there were 103 homes sold, with a median sale price of $110,000 - a 3.5% decrease over the $114,000 median sale price for the same period of the previous year. There were 122 homes sold in Crestwood in the first half of 2018.

The median sales tax in Crestwood for the most recent year with available data, 2018, was $2,335, approximately 2.1% of the median home sale price for the first half of 2019.

The following table compares Crestwood 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)
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%
Lansing264266-0.8%$112,750$115,000-2%
Richton Park85102-16.7%$110,000$124,500-11.6%
Crestwood103122-15.6%$110,000$114,000-3.5%
Thornton26260%$109,250$87,00025.6%
Steger2227-18.5%$100,000$90,00011.1%
Hazel Crest1081080%$97,750$83,50017.1%
Dolton2092052%$95,000$60,00058.3%
Merrionette Park2813115.4%$95,000$130,000-26.9%

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