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Thursday, April 25, 2024

Stone Park home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Stone Park rose by $43,500 while total sales decreased by 10%, according to BlockShopper.com.

From January through June of 2018, there were nine homes sold, with a median sale price of $163,000 - a 36.4% increase over the $119,500 median sale price for the same period of the previous year. There were 10 homes sold in Stone Park in the first half of 2017.

The median sales tax in Stone Park for the most recent year with available data, 2017, was $4,651, approximately 2.9% of the median home sale price for the first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Worth987825.6%$169,500$102,00066.2%
Northlake817114.1%$169,000$160,0005.6%
River Grove5465-16.9%$167,500$182,000-8%
Cicero263316-16.8%$165,500$149,00011.1%
Lyons7276-5.3%$165,000$137,50020%
Stone Park910-10%$163,000$119,50036.4%
Lynwood4956-12.5%$162,000$132,00022.7%
Palos Hills16213024.6%$160,000$156,5002.2%
Summit4363-31.7%$155,000$138,50011.9%
Bellwood112138-18.8%$150,500$124,00021.4%
Alsip116143-18.9%$144,750$135,0007.2%

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