West Cook News

West Cook News

Tuesday, February 18, 2020

Berwyn home prices rise in December 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Re 1

The median sale price of a home sold in December 2019 in Berwyn rose by $9,500 while total sales decreased by 28.9%, according to BlockShopper.com.

In December 2019, there were 32 homes sold, with a median sale price of $214,500 - a 4.6% increase over the $205,000 median sale price for the same period of the previous year. There were 45 homes sold in Berwyn in December 2018.

The median sales tax in Berwyn for the most recent year with available data, 2018, was $5,484, approximately 2.6% of the median home sale price for December 2019.

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

City
Dec. 2019 Home Sales
Dec. 2018 Home Sales
% change (Total Home Sales)
Dec. 2019 Median Sales Price
Dec. 2018 Median Sales Price
% change (Median Sales Price)
Elmhurst
1
0
-
$219,000
$0
-
Schaumburg
75
74
1.4%
$218,000
$194,250
12.2%
Bartlett
14
18
-22.2%
$217,250
$255,250
-14.9%
Lyons
3
7
-57.1%
$217,000
$170,000
27.6%
Willow Springs
12
11
9.1%
$216,750
$268,000
-19.1%
Berwyn
32
45
-28.9%
$214,500
$205,000
4.6%
Oak Lawn
73
68
7.4%
$213,000
$171,750
24%
Lynwood
4
8
-50%
$211,500
$132,500
59.6%
Berkeley
3
2
50%
$208,000
$213,750
-2.7%
Justice
7
11
-36.4%
$207,000
$180,000
15%
Burbank
14
30
-53.3%
$201,250
$193,000
4.3%

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