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West Cook News

Wednesday, November 27, 2024

Indian Head Park home prices fall in July 2019

Re 7

The median sale price of a home sold in July 2019 in Indian Head Park fell by $65,000 while total sales increased by 66.7%, according to BlockShopper.com.

In July 2019, there were 10 homes sold, with a median sale price of $267,500 - a 19.5% decrease over the $332,500 median sale price for the same period of the previous year. There were six homes sold in Indian Head Park in July 2018.

The median sales tax in Indian Head Park for the most recent year with available data, 2018, was $4,626, approximately 1.7% of the median home sale price for July 2019.

The following table compares Indian Head Park 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)
Niles4648-4.2%$280,000$267,0004.9%
Prospect Heights1928-32.1%$280,000$255,0009.8%
Palos Heights432759.3%$277,000$275,0000.7%
Willow Springs11922.2%$275,000$235,00017%
Harwood Heights1113-15.4%$275,000$255,0007.8%
Indian Head Park10666.7%$267,500$332,500-19.5%
Orland Hills1213-7.7%$263,000$171,00053.8%
Orland Park121122-0.8%$260,000$263,500-1.3%
Palatine151195-22.6%$257,000$215,00019.5%
Berwyn6267-7.5%$254,250$220,00015.6%
Westchester39390%$253,500$265,000-4.3%

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