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Friday, April 19, 2024

Cicero home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Cicero rose by $42,000 while total sales decreased by 8.5%, according to BlockShopper.com.

In December 2018, there were 43 homes sold, with a median sale price of $200,000 - a 26.6% increase over the $158,000 median sale price for the same period of the previous year. There were 47 homes sold in Cicero in December 2017.

The median sales tax in Cicero for the most recent year with available data, 2017, was $4,393, approximately 2.2% of the median home sale price for December 2018.

The following table compares Cicero to other Cook County cities with similar median sales prices in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Hodgkins10-$210,000$0-
La Grange Highlands10-$205,000$0-
Berwyn4365-33.8%$205,000$197,0004.1%
Wheeling33316.5%$203,000$195,0004.1%
Hanover Park24234.3%$202,500$169,00019.8%
Cicero4347-8.5%$200,000$158,00026.6%
Franklin Park2123-8.7%$200,000$186,0007.5%
Streamwood58571.8%$196,250$182,0007.8%
Schaumburg71100-29%$195,000$185,2505.3%
Alsip1620-20%$193,000$114,25068.9%
Bedford Park10-$190,000$0-

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