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Thursday, April 25, 2024

Northfield home prices fall in April 2019

Re 9

The median sale price of a home sold in April 2019 in Northfield fell by $42,500 while total sales increased by 10%, according to BlockShopper.com.

In April 2019, there were 11 homes sold, with a median sale price of $380,000 - a 10.1% decrease over the $422,500 median sale price for the same period of the previous year. There were 10 homes sold in Northfield in April 2018.

The median sales tax in Northfield for the most recent year with available data, 2017, was $9,781, approximately 2.6% of the median home sale price for April 2019.

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

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Hinsdale37-57.1%$437,000$920,000-52.5%
Park Ridge6264-3.1%$427,500$432,500-1.2%
Lincolnwood151136.4%$400,000$370,0008.1%
La Grange312334.8%$400,000$410,000-2.4%
Lemont282040%$388,750$382,2501.7%
Northfield111010%$380,000$422,500-10.1%
Oak Park78771.3%$375,500$365,0002.9%
Willow Springs711-36.4%$361,000$320,00012.8%
Evanston94931.1%$343,000$283,00021.2%
Glenview7274-2.7%$341,250$411,250-17%
Mount Prospect4677-40.3%$330,000$282,00017%

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