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West Cook News

Wednesday, April 24, 2024

Westchester home prices fall in June 2019

Re 11

The median sale price of a home sold in June 2019 in Westchester fell by $1,000 while total sales decreased by 40.8%, according to BlockShopper.com.

In June 2019, there were 29 homes sold, with a median sale price of $245,000 - a 0.4% decrease over the $246,000 median sale price for the same period of the previous year. There were 49 homes sold in Westchester in June 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 June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Mission Hills Estates12-50%$260,000$340,000-23.5%
Palos Heights3439-12.8%$257,500$289,500-11.1%
Elmwood Park3538-7.9%$255,000$279,750-8.8%
Prospect Heights252119%$253,500$250,0001.4%
Buffalo Grove2547-46.8%$250,000$225,00011.1%
Westchester2949-40.8%$245,000$246,000-0.4%
Hickory Hills1726-34.6%$245,000$202,50021%
Elk Grove Village605215.4%$242,500$270,000-10.2%
Berwyn5867-13.4%$241,000$235,0002.6%
Orland Park115133-13.5%$240,000$240,0000%
Des Plaines120123-2.4%$220,000$238,000-7.6%

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