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Friday, April 26, 2024

Schiller Park home prices fall 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 Schiller Park fell by $38,000 while total sales increased by 11.4%, according to BlockShopper.com.

From April through June of 2019, there were 39 homes sold, with a median sale price of $177,000 - a 17.7% decrease over the $215,000 median sale price for the same period of the previous year. There were 35 homes sold in Schiller Park in the second quarter of 2018.

The median sales tax in Schiller Park for the most recent year with available data, 2018, was $4,253, approximately 2.4% of the median home sale price for the second quarter of 2019.

The following table compares Schiller Park 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)
Flossmoor665617.9%$187,000$215,750-13.3%
Bellwood5462-12.9%$186,750$154,50020.9%
Alsip776813.2%$185,000$161,50014.6%
Roselle1421-33.3%$184,250$238,000-22.6%
Justice3032-6.3%$183,000$170,0007.6%
Schiller Park393511.4%$177,000$215,000-17.7%
Northlake474211.9%$175,000$176,500-0.8%
Worth68629.7%$174,500$186,500-6.4%
Oak Lawn251318-21.1%$171,000$178,750-4.3%
Orland Hills2035-42.9%$170,000$190,000-10.5%
Summit1420-30%$166,500$164,7501.1%

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