May 2021: Home prices in Westchester increased

May 2021: Home prices in Westchester increased
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The median sale price of a home sold in May 2021 in Westchester rose by $32,500 while total sales increased by 17.6%, according to BlockShopper.com.

In May 2021, there were 20 homes sold, with a median sale price of $302,500 – a 12% increase over the $270,000 median sale price for the same period of the previous year. There were 17 homes sold in Westchester in May 2020.

The median sales tax in Westchester for the most recent year with available data, 2019, was $4,948, approximately 1.6% of the median home sale price for May 2021.

The following table compares Westchester 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)
Mount Prospect 75 28 167.9% $315,000 $289,250 8.9%
North Riverside 12 1 1100% $312,500 $245,000 27.6%
Roselle 11 1 1000% $310,000 $600,000 -48.3%
Orland Park 91 38 139.5% $305,000 $274,500 11.1%
Brookfield 34 12 183.3% $303,000 $239,500 26.5%
Westchester 20 17 17.6% $302,500 $270,000 12%
Palatine 163 45 262.2% $300,000 $240,000 25%
Niles 46 11 318.2% $300,000 $310,000 -3.2%
Forest Park 25 10 150% $290,000 $333,500 -13%
Harwood Heights 13 2 550% $290,000 $232,500 24.7%
Palos Hills 22 8 175% $289,500 $170,000 70.3%


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