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West Cook News

Monday, November 25, 2024

Forest View home prices fall in May 2019

Re 9

The median sale price of a home sold in May 2019 in Forest View fell by $13,107 while total sales decreased by 50%, according to BlockShopper.com.

In May 2019, there were two homes sold, with a median sale price of $194,000 - a 6.3% decrease over the $207,107 median sale price for the same period of the previous year. There were four homes sold in Forest View in May 2018.

The median sales tax in Forest View for the most recent year with available data, 2018, was $4,913, approximately 2.5% of the median home sale price for May 2019.

The following table compares Forest View 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)
Summit440%$200,000$157,50027%
Buffalo Grove2732-15.6%$200,000$206,500-3.1%
Oak Forest58580%$199,500$205,250-2.8%
Indian Head Park913-30.8%$196,500$210,000-6.4%
Wheeling474211.9%$195,000$201,500-3.2%
Forest View24-50%$194,000$207,107-6.3%
Schiller Park12850%$193,500$220,500-12.2%
Northlake915-40%$193,000$200,000-3.5%
Cicero4453-17%$189,500$164,00015.5%
Alsip2023-13%$187,500$185,0001.4%
Tinley Park103111-7.2%$186,500$200,000-6.8%

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