Falling home prices in Maywood in May 2021

Falling home prices in Maywood in May 2021
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The median sale price of a home sold in May 2021 in Maywood fell by $36,000 while total sales increased by 218.2%, according to BlockShopper.com.

In May 2021, there were 35 homes sold, with a median sale price of $188,000 – a 16.1% decrease over the $224,000 median sale price for the same period of the previous year. There were 11 homes sold in Maywood in May 2020.

The median sales tax in Maywood for the most recent year with available data, 2019, was $5,016, approximately 2.7% of the median home sale price for May 2021.

The following table compares Maywood to other Cook County cities with similar median sale prices in May 2021:

City May 2021 Home Sales May 2020 Home Sales % change (Total Home Sales) May 2021 Median Sales Price May 2020 Median Sales Price % change (Median Sales Price)
Worth 20 9 122.2% $200,000 $178,000 12.4%
Bellwood 11 5 120% $197,000 $180,000 9.4%
Buffalo Grove 39 6 550% $194,000 $300,500 -35.4%
Midlothian 23 6 283.3% $190,000 $154,250 23.2%
Homewood 37 15 146.7% $190,000 $165,000 15.2%
Maywood 35 11 218.2% $188,000 $224,000 -16.1%
South Holland 30 9 233.3% $186,500 $200,000 -6.8%
Lynwood 12 4 200% $186,000 $168,500 10.4%
Justice 13 4 225% $185,500 $171,750 8%
Alsip 32 4 700% $184,500 $113,000 63.3%
Orland Hills 5 2 150% $180,000 $315,000 -42.9%


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