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West Cook News

Monday, November 25, 2024

Cicero home prices rise in May 2019

Re 11

The median sale price of a home sold in May 2019 in Cicero rose by $25,500 while total sales decreased by 17%, according to BlockShopper.com.

In May 2019, there were 44 homes sold, with a median sale price of $189,500 - a 15.5% increase over the $164,000 median sale price for the same period of the previous year. There were 53 homes sold in Cicero in May 2018.

The median sales tax in Cicero for the most recent year with available data, 2018, was $4,400, approximately 2.3% of the median home sale price for May 2019.

The following table compares Cicero 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)
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%
Roselle69-33.3%$184,250$295,000-37.5%
Flossmoor2914107.1%$178,000$215,750-17.5%
Elgin443429.4%$177,250$167,2506%

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