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West Cook News

Tuesday, November 26, 2024

Schiller Park home prices fall in the first quarter of 2018

Realestate5

The median sale price of a home sold in the first quarter of 2018 in Schiller Park fell by $18,000 while total sales decreased by 12.5%, according to BlockShopper.com.

From January through March of 2018, there were 28 homes sold, with a median sale price of $177,500 - a 9.2% decrease over the $195,500 median sale price for the same period of the previous year. There were 32 homes sold in Schiller Park in the first quarter of 2017.

The median sales tax in Schiller Park for the most recent year with available data, 2017, was $4,258, approximately 2.4% of the median home sale price for the first quarter of 2018.

The following table compares Schiller Park to other Cook County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Rolling Meadows74740%$180,000$189,000-4.8%
Mission Hills Estates550%$180,000$222,000-18.9%
Buffalo Grove5179-35.4%$180,000$193,000-6.7%
Stickney211816.7%$180,000$173,7503.6%
Berkeley916-43.8%$179,000$149,50019.7%
Schiller Park2832-12.5%$177,500$195,500-9.2%
Bridgeview2643-39.5%$177,500$173,0002.6%
Broadview1528-46.4%$177,000$145,00022.1%
Tinley Park1981923.1%$176,500$168,5004.7%
Melrose Park5074-32.4%$176,500$169,5004.1%
Lyons3142-26.2%$175,000$131,25033.3%

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