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Friday, February 28, 2020

South Holland home prices rise in the second half of 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Re 13

The median sale price of a home sold in the second half of 2019 in South Holland rose by $500 while total sales decreased by 18.8%, according to BlockShopper.com.

From July through December of 2019, there were 147 homes sold, with a median sale price of $142,500 - a 0.4% increase over the $142,000 median sale price for the same period of the previous year. There were 181 homes sold in South Holland in the second half of 2018.

The median sales tax in South Holland for the most recent year with available data, 2018, was $4,672, approximately 3.3% of the median home sale price for the second half of 2019.

The following table compares South Holland to other Cook County cities with similar median sales prices in the second half of 2019:

City
July - Dec. 2019 Home Sales
July - Dec. 2018 Home Sales
% change (Total Home Sales)
July - Dec. 2019 Median Sales Price
July - Dec. 2018 Median Sales Price
% change (Median Sales Price)
Bellwood
142
96
47.9%
$161,000
$153,500
4.9%
Lynwood
45
54
-16.7%
$155,000
$160,750
-3.6%
East Hazel Crest
9
9
0%
$150,000
$65,000
130.8%
Worth
91
103
-11.7%
$148,000
$135,000
9.6%
Midlothian
114
149
-23.5%
$145,000
$135,000
7.4%
South Holland
147
181
-18.8%
$142,500
$142,000
0.4%
Posen
32
25
28%
$140,000
$117,500
19.1%
Blue Island
91
115
-20.9%
$139,000
$130,000
6.9%
Hanover Park
185
144
28.5%
$136,000
$205,500
-33.8%
Merrionette Park
11
12
-8.3%
$135,000
$51,500
162.1%
Richton Park
85
105
-19%
$135,000
$118,000
14.4%

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