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Friday, April 19, 2024

Cicero home prices rise in February 2019

Re 1

The median sale price of a home sold in February 2019 in Cicero rose by $31,500 while total sales increased by 7.5%, according to BlockShopper.com.

In February 2019, there were 43 homes sold, with a median sale price of $190,000 - a 19.9% increase over the $158,500 median sale price for the same period of the previous year. There were 40 homes sold in Cicero in February 2018.

The median sales tax in Cicero for the most recent year with available data, 2017, was $4,393, approximately 2.3% of the median home sale price for February 2019.

The following table compares Cicero to other Cook County cities with similar median sales prices in February 2019:

CityFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
River Grove49-55.6%$193,750$125,00055%
Prospect Heights135160%$193,000$345,000-44.1%
Broadview62200%$193,000$158,50021.8%
Palatine73679%$193,000$191,0001%
Brookfield1316-18.8%$190,000$196,250-3.2%
Cicero43407.5%$190,000$158,50019.9%
Roselle52150%$190,000$205,750-7.7%
Tinley Park4648-4.2%$187,500$176,5006.2%
Rolling Meadows211540%$187,500$170,00010.3%
Hanover Park15150%$186,000$187,500-0.8%
Streamwood31296.9%$183,000$197,000-7.1%

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