Quantcast

South Cook News

Wednesday, November 27, 2024

Riverdale home prices rise in the first half of 2019

Re 9

The median sale price of a home sold in the first half of 2019 in Riverdale rose by $4,500 while total sales increased by 20%, according to BlockShopper.com.

From January through June of 2019, there were 78 homes sold, with a median sale price of $36,500 - a 14.1% increase over the $32,000 median sale price for the same period of the previous year. There were 65 homes sold in Riverdale in the first half of 2018.

The median sales tax in Riverdale for the most recent year with available data, 2018, was $3,013, approximately 8.3% of the median home sale price for the first half of 2019.

The following table compares Riverdale 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)
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%
Dixmoor37-57.1%$15,500$49,000-68.4%
Ford Heights37-57.1%$9,000$26,500-66%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS