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Thursday, November 21, 2019

Evanston home prices fall in May 2019

Real Estate

By Local Labs News Service | Jun 7, 2019

Re 12

The median sale price of a home sold in May 2019 in Evanston fell by $20,500 while total sales increased by 21.4%, according to BlockShopper.com.

In May 2019, there were 102 homes sold, with a median sale price of $326,500 - a 5.9% decrease over the $347,000 median sale price for the same period of the previous year. There were 84 homes sold in Evanston in May 2018.

The median sales tax in Evanston for the most recent year with available data, 2018, was $7,141, approximately 2.2% of the median home sale price for May 2019.

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

City
May 2019 Home Sales
May 2018 Home Sales
% change (Total Home Sales)
May 2019 Median Sales Price
May 2018 Median Sales Price
% change (Median Sales Price)
Oak Park
75
94
-20.2%
$370,000
$333,750
10.9%
La Grange Park
23
17
35.3%
$355,000
$340,000
4.4%
Palos Park
18
17
5.9%
$350,000
$355,000
-1.4%
La Grange Highlands
5
2
150%
$340,000
$491,000
-30.8%
Deercrest Estates
6
5
20%
$339,250
$250,500
35.4%
Evanston
102
84
21.4%
$326,500
$347,000
-5.9%
Lemont
26
27
-3.7%
$317,000
$268,000
18.3%
Mount Prospect
94
80
17.5%
$313,500
$292,000
7.4%
Northfield
15
11
36.4%
$312,500
$795,000
-60.7%
Niles
55
47
17%
$310,000
$285,000
8.8%
Skokie
87
93
-6.5%
$310,000
$314,000
-1.3%

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