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Thursday, April 25, 2024

Northlake home prices rise in February 2019

Re 10

The median sale price of a home sold in February 2019 in Northlake rose by $13,000 while total sales decreased by 9.1%, according to BlockShopper.com.

In February 2019, there were 10 homes sold, with a median sale price of $153,000 - a 9.3% increase over the $140,000 median sale price for the same period of the previous year. There were 11 homes sold in Northlake in February 2018.

The median sales tax in Northlake for the most recent year with available data, 2017, was $4,756, approximately 3.1% of the median home sale price for February 2019.

The following table compares Northlake 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)
Bellwood1718-5.6%$160,000$155,5002.9%
Oak Forest2329-20.7%$160,000$132,00021.2%
Buffalo Grove1518-16.7%$155,000$171,000-9.4%
Midlothian201533.3%$154,500$86,50078.6%
Worth10825%$153,750$173,500-11.4%
Northlake1011-9.1%$153,000$140,0009.3%
Hickory Hills713-46.2%$153,000$150,0002%
Robbins23-33.3%$152,500$55,500174.8%
Hillside82300%$152,250$196,500-22.5%
Evergreen Park201811.1%$150,500$177,000-15%
Richton Park141216.7%$146,500$145,0001%

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