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Thursday, November 28, 2024

Calumet City 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 Calumet City rose by $5,500 while total sales decreased by 6.6%, according to BlockShopper.com.

From January through June of 2019, there were 239 homes sold, with a median sale price of $77,500 - a 7.6% increase over the $72,000 median sale price for the same period of the previous year. There were 256 homes sold in Calumet City in the first half of 2018.

The median sales tax in Calumet City for the most recent year with available data, 2018, was $3,530, approximately 4.6% of the median home sale price for the first half of 2019.

The following table compares Calumet City 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)
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%
Calumet Park3455-38.2%$84,000$74,00013.5%
Calumet City239256-6.6%$77,500$72,0007.6%
Burnham21205%$77,000$60,50027.3%
Chicago Heights143166-13.9%$74,500$82,000-9.1%
South Chicago Heights2729-6.9%$73,000$74,000-1.4%
East Hazel Crest812-33.3%$68,000$62,0009.7%
Park Forest17515115.9%$65,000$59,00010.2%

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