Lyons home prices rose in May 2021

Lyons home prices rose in May 2021
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The median sale price of a home sold in May 2021 in Lyons rose by $12,750 while total sales increased by 350%, according to BlockShopper.com.

In May 2021, there were nine homes sold, with a median sale price of $220,000 – a 6.2% increase over the $207,250 median sale price for the same period of the previous year. There were two homes sold in Lyons in May 2020.

The median sales tax in Lyons for the most recent year with available data, 2019, was $4,113, approximately 1.9% of the median home sale price for May 2021.

The following table compares Lyons 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)
Melrose Park 23 7 228.6% $230,000 $209,000 10%
Olympia Fields 7 3 133.3% $228,000 $280,000 -18.6%
Oak Lawn 111 33 236.4% $225,000 $189,000 19%
Indian Head Park 8 2 300% $224,500 $126,000 78.2%
Hickory Hills 22 8 175% $221,000 $215,500 2.6%
Lyons 9 2 350% $220,000 $207,250 6.2%
Streamwood 65 27 140.7% $220,000 $212,500 3.5%
Bridgeview 19 8 137.5% $212,000 $200,000 6%
Elgin 36 10 260% $211,000 $210,000 0.5%
Tinley Park 84 42 100% $210,000 $203,500 3.2%
Northlake 10 3 233.3% $210,000 $238,500 -11.9%


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