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Wednesday, November 27, 2024

Robbins 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 Robbins fell by $1,250 while total sales increased by 58.3%, according to BlockShopper.com.

From January through June of 2019, there were 19 homes sold, with a median sale price of $49,000 - a 2.5% decrease over the $50,250 median sale price for the same period of the previous year. There were 12 homes sold in Robbins in the first half of 2018.

The median sales tax in Robbins for the most recent year with available data, 2018, was $1,172, approximately 2.4% of the median home sale price for the first half of 2019.

The following table compares Robbins 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)
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%
Robbins191258.3%$49,000$50,250-2.5%
Sauk Village77770%$45,000$37,00021.6%
Markham75698.7%$45,000$45,0000%
Riverdale786520%$36,500$32,00014.1%
Harvey857611.8%$35,000$31,25012%
Phoenix84100%$33,000$28,50015.8%

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