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Monday, November 25, 2024

Broadview home prices fall in May 2019

Realestate2

The median sale price of a home sold in May 2019 in Broadview fell by $15,000 while total sales increased by 120%, according to BlockShopper.com.

In May 2019, there were 11 homes sold, with a median sale price of $160,000 - a 8.6% decrease over the $175,000 median sale price for the same period of the previous year. There were five homes sold in Broadview in May 2018.

The median sales tax in Broadview for the most recent year with available data, 2018, was $3,778, approximately 2.4% of the median home sale price for May 2019.

The following table compares Broadview 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)
Bedford Park15-80%$170,000$208,000-18.3%
Worth1718-5.6%$168,000$172,500-2.6%
Orland Hills511-54.5%$165,000$190,000-13.2%
Maywood2432-25%$161,500$127,50026.7%
South Chicago Heights24-50%$160,000$120,00033.3%
Broadview115120%$160,000$175,000-8.6%
Matteson292231.8%$158,000$166,250-5%
Midlothian2930-3.3%$155,500$127,50022%
Homewood2134-38.2%$151,000$129,50016.6%
Chicago Ridge2124-12.5%$150,000$109,00037.6%
Blue Island201533.3%$139,000$90,00054.4%

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