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Thursday, April 25, 2024

Northlake home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Northlake rose by $27,250 while total sales decreased by 15%, according to BlockShopper.com.

In June 2019, there were 17 homes sold, with a median sale price of $195,000 - a 16.2% increase over the $167,750 median sale price for the same period of the previous year. There were 20 homes sold in Northlake in June 2018.

The median sales tax in Northlake for the most recent year with available data, 2018, was $4,681, approximately 2.4% of the median home sale price for June 2019.

The following table compares Northlake 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)
Elgin373215.6%$205,000$202,5001.2%
Berkeley611-45.5%$204,500$217,000-5.8%
Hillside1011-9.1%$204,500$184,50010.8%
Streamwood77107-28%$200,000$191,0004.7%
Justice915-40%$200,000$170,00017.6%
Northlake1720-15%$195,000$167,75016.2%
Lynwood511-54.5%$190,000$173,0009.8%
Olympia Fields2110110%$190,000$215,000-11.6%
Franklin Park321788.2%$187,500$200,000-6.3%
Indian Head Park10911.1%$187,500$259,500-27.7%
Alsip2829-3.4%$187,000$144,50029.4%

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