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West Cook News

Wednesday, November 27, 2024

Bellwood home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Bellwood rose by $78,500 while total sales increased by 117.6%, according to BlockShopper.com.

In July 2019, there were 37 homes sold, with a median sale price of $172,000 - a 84% increase over the $93,500 median sale price for the same period of the previous year. There were 17 homes sold in Bellwood in July 2018.

The median sales tax in Bellwood for the most recent year with available data, 2018, was $4,293, approximately 2.5% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Flossmoor1822-18.2%$179,250$175,5002.1%
Lyons1516-6.3%$178,000$152,50016.7%
Homewood4856-14.3%$173,500$154,50012.3%
Maywood2443-44.2%$172,500$110,00056.8%
Bridgeview252213.6%$172,000$175,500-2%
Bellwood3717117.6%$172,000$93,50084%
Summit27-71.4%$170,500$172,000-0.9%
Oak Lawn97934.3%$165,000$187,000-11.8%
East Hazel Crest110%$162,000$34,500369.6%
South Holland353016.7%$160,000$144,75010.5%
Palos Hills352634.6%$160,000$166,500-3.9%

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