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Friday, April 26, 2024

Mount Prospect home prices rise in April 2019

Re 11

The median sale price of a home sold in April 2019 in Mount Prospect rose by $48,000 while total sales decreased by 40.3%, according to BlockShopper.com.

In April 2019, there were 46 homes sold, with a median sale price of $330,000 - a 17% increase over the $282,000 median sale price for the same period of the previous year. There were 77 homes sold in Mount Prospect in April 2018.

The median sales tax in Mount Prospect for the most recent year with available data, 2017, was $6,770, approximately 2.1% of the median home sale price for April 2019.

The following table compares Mount Prospect 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)
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%
Niles402937.9%$329,500$255,00029.2%
Elmwood Park2533-24.2%$325,000$262,50023.8%
Skokie4870-31.4%$322,500$303,5006.3%
La Grange Park16156.7%$310,000$335,000-7.5%
Morton Grove433716.2%$309,000$326,000-5.2%

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