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Thursday, April 25, 2024

Berwyn home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Berwyn rose by $2,500 while total sales decreased by 14.5%, according to BlockShopper.com.

From April through June of 2019, there were 171 homes sold, with a median sale price of $230,000 - a 1.1% increase over the $227,500 median sale price for the same period of the previous year. There were 200 homes sold in Berwyn in the second quarter of 2018.

The median sales tax in Berwyn for the most recent year with available data, 2018, was $5,484, approximately 2.4% of the median home sale price for the second quarter of 2019.

The following table compares Berwyn to other Cook County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Westchester94112-16.1%$248,500$244,0001.8%
Forest Park9598-3.1%$248,000$218,50013.5%
Elk Grove Village151158-4.4%$245,000$258,500-5.2%
North Riverside2329-20.7%$240,000$242,500-1%
Hickory Hills5563-12.7%$237,500$225,0005.6%
Berwyn171200-14.5%$230,000$227,5001.1%
Des Plaines318336-5.4%$229,000$226,0001.3%
Countryside1926-26.9%$221,000$151,75045.6%
Stickney2325-8%$220,000$172,50027.5%
Berkeley1427-48.1%$217,500$200,0008.8%
Buffalo Grove88108-18.5%$213,500$209,0002.2%

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