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West Cook News

Tuesday, April 23, 2024

Lyons home prices fall in February 2019

Re 6

The median sale price of a home sold in February 2019 in Lyons fell by $63,500 while total sales increased by 16.7%, according to BlockShopper.com.

In February 2019, there were seven homes sold, with a median sale price of $109,000 - a 36.8% decrease over the $172,500 median sale price for the same period of the previous year. There were six homes sold in Lyons in February 2018.

The median sales tax in Lyons for the most recent year with available data, 2017, was $3,931, approximately 3.6% of the median home sale price for February 2019.

The following table compares Lyons 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)
Schiller Park94125%$120,000$162,500-26.2%
South Chicago Heights34-25%$117,000$42,500175.3%
Lansing3015100%$116,000$135,000-14.1%
South Holland302236.4%$110,500$148,500-25.6%
Chicago Heights1830-40%$109,500$78,25039.9%
Lyons7616.7%$109,000$172,500-36.8%
Dolton332722.2%$105,000$85,50022.8%
Blue Island131118.2%$100,000$130,000-23.1%
Maywood1516-6.3%$94,500$115,500-18.2%
Crestwood915-40%$93,000$99,000-6.1%
Hazel Crest10100%$88,000$53,75063.7%

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