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West Cook News

Wednesday, November 27, 2024

Oak Park home prices fall in July 2019

Realestate1

The median sale price of a home sold in July 2019 in Oak Park fell by $3,750 while total sales decreased by 20.7%, according to BlockShopper.com.

In July 2019, there were 92 homes sold, with a median sale price of $366,500 - a 1% decrease over the $370,250 median sale price for the same period of the previous year. There were 116 homes sold in Oak Park in July 2018.

The median sales tax in Oak Park for the most recent year with available data, 2018, was $10,430, approximately 2.8% of the median home sale price for July 2019.

The following table compares Oak 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)
Deercrest Estates10-$395,000$0-
Riverside1423-39.1%$390,000$358,0008.9%
Lemont3042-28.6%$389,000$344,50012.9%
Lincolnwood1523-34.8%$379,000$336,00012.8%
La Grange Highlands6450%$370,000$262,50041%
Oak Park92116-20.7%$366,500$370,250-1%
Countryside913-30.8%$355,000$255,00039.2%
Palos Park17166.3%$352,500$320,50010%
La Grange Park26248.3%$352,250$352,500-0.1%
Fox Chase Estates10-$340,000$0-
Forest River110%$330,000$350,000-5.7%

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