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Friday, April 26, 2024

Schiller Park home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Schiller Park rose by $50,000 while total sales decreased by 43.8%, according to BlockShopper.com.

From October through December of 2018, there were 18 homes sold, with a median sale price of $199,000 - a 33.6% increase over the $149,000 median sale price for the same period of the previous year. There were 32 homes sold in Schiller Park in the fourth quarter of 2017.

The median sales tax in Schiller Park for the most recent year with available data, 2017, was $4,258, approximately 2.1% of the median home sale price for the fourth quarter of 2018.

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

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Broadview1237-67.6%$201,500$165,00022.1%
Burbank7296-25%$200,750$165,50021.3%
Palatine240308-22.1%$200,000$220,000-9.1%
Orland Hills1524-37.5%$200,000$184,5008.4%
Franklin Park4682-43.9%$199,500$198,7500.4%
Schiller Park1832-43.8%$199,000$149,00033.6%
Forest Park3060-50%$198,500$226,250-12.3%
Hodgkins20-$197,000$0-
Flossmoor2441-41.5%$196,000$170,00015.3%
Streamwood124174-28.7%$194,500$181,7507%
Lyons1543-65.1%$194,000$168,00015.5%

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