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West Cook News

Monday, November 25, 2024

Westchester home prices rise in May 2019

Re 12

The median sale price of a home sold in May 2019 in Westchester rose by $5,000 while total sales increased by 12.5%, according to BlockShopper.com.

In May 2019, there were 36 homes sold, with a median sale price of $252,000 - a 2% increase over the $247,000 median sale price for the same period of the previous year. There were 32 homes sold in Westchester in May 2018.

The median sales tax in Westchester for the most recent year with available data, 2018, was $4,940, approximately 2% of the median home sale price for May 2019.

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

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Willow Springs1014-28.6%$264,500$317,500-16.7%
Orland Park96128-25%$263,750$266,250-0.9%
Rosemont220%$260,500$478,000-45.5%
River Grove11837.5%$256,500$144,00078.1%
Palatine1191180.8%$256,000$292,000-12.3%
Westchester363212.5%$252,000$247,0002%
Countryside13862.5%$250,000$116,000115.5%
Brookfield3541-14.6%$248,000$245,0001.2%
Hoffman Estates7584-10.7%$245,000$280,000-12.5%
Palos Hills3137-16.2%$245,000$153,00060.1%
Bartlett3037-18.9%$240,000$227,5005.5%

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