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Monday, October 21, 2019

Wheeling (Cook County) home prices rise in January 2019

Real Estate

By Local Labs News Service | Feb 7, 2019


The median sale price of a home sold in January 2019 in Wheeling in Cook County rose by $26,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2019, there were 24 homes sold, with a median sale price of $193,500 - a 15.9% increase over the $167,000 median sale price for the same period of the previous year. There were 36 homes sold in Wheeling in January 2018.

The median sales tax in Wheeling for the most recent year with available data, 2017, was $4,333, approximately 2.2% of the median home sale price for January 2019.

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

City
Jan. 2019 Home Sales
Jan. 2018 Home Sales
% change (Total Home Sales)
Jan. 2019 Median Sales Price
Jan. 2018 Median Sales Price
% change (Median Sales Price)
Franklin Park
15
13
15.4%
$200,000
$200,000
0%
Northlake
10
15
-33.3%
$199,000
$160,000
24.4%
Merrionette Park
1
2
-50%
$198,000
$90,500
118.8%
Flossmoor
18
12
50%
$196,500
$218,500
-10.1%
Olympia Fields
9
8
12.5%
$195,000
$195,750
-0.4%
Wheeling
24
36
-33.3%
$193,500
$167,000
15.9%
Hanover Park
17
16
6.3%
$192,500
$162,750
18.3%
Berkeley
6
0
-
$192,500
$0
-
Forest River
1
0
-
$190,000
$0
-
Tinley Park
48
72
-33.3%
$189,500
$180,500
5%
River Grove
6
10
-40%
$188,750
$167,500
12.7%
* This story only considers sales data for the part of Wheeling that is in Cook County.

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