Quantcast

West Cook News

Friday, April 19, 2024

Oak Park home prices fall in May 2018

Re 13

The median sale price of a home sold in May 2018 in Oak Park fell by $8,000 while total sales increased by 4.4%, according to BlockShopper.com.

In May 2018, there were 94 homes sold, with a median sale price of $333,750 - a 2.3% decrease over the $341,750 median sale price for the same period of the previous year. There were 90 homes sold in Oak Park in May 2017.

The median sales tax in Oak Park for the most recent year with available data, 2017, was $10,492, approximately 3.1% of the median home sale price for May 2018.

The following table compares Oak Park to other Cook County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Southmoor30-$380,000$0-
Fox Chase Estates10-$365,000$0-
Palos Park171330.8%$355,000$231,00053.7%
Evanston84114-26.3%$347,000$336,2503.2%
La Grange Park1720-15%$340,000$382,500-11.1%
Oak Park94904.4%$333,750$341,750-2.3%
Barrington912-25%$332,000$417,500-20.5%
Arlington Heights137148-7.4%$330,000$321,0002.8%
Willow Springs147100%$317,500$254,50024.8%
Skokie93100-7%$314,000$279,50012.3%
Roselle910-10%$295,000$233,00026.6%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS