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Friday, April 26, 2024

Maywood home prices rise in December 2018

Re 5

The median sale price of a home sold in December 2018 in Maywood rose by $19,000 while total sales increased by 25%, according to BlockShopper.com.

In December 2018, there were 30 homes sold, with a median sale price of $141,500 - a 15.5% increase over the $122,500 median sale price for the same period of the previous year. There were 24 homes sold in Maywood in December 2017.

The median sales tax in Maywood for the most recent year with available data, 2017, was $4,951, approximately 3.5% of the median home sale price for December 2018.

The following table compares Maywood 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)
Melrose Park2225-12%$159,750$171,000-6.6%
Palos Hills241926.3%$159,000$150,0006%
Posen35-40%$150,000$105,00042.9%
Midlothian211723.5%$150,000$145,0003.4%
South Holland2631-16.1%$145,250$145,0000.2%
Maywood302425%$141,500$122,50015.5%
Forest View110%$135,000$160,000-15.6%
Worth167128.6%$133,500$160,000-16.6%
Lansing463821.1%$132,500$124,5006.4%
Lynwood8560%$132,500$175,500-24.5%
Countryside1011-9.1%$131,500$244,000-46.1%

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