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Monday, November 25, 2024

Rosemont home prices fall in May 2019

Realestate5

The median sale price of a home sold in May 2019 in Rosemont fell by $217,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May 2019, there were two homes sold, with a median sale price of $260,500 - a 45.5% decrease over the $478,000 median sale price for the same period of the previous year. There were two homes sold in Rosemont in May 2018, as well.

The median sales tax in Rosemont for the most recent year with available data, 2018, was $5,289, approximately 2% of the median home sale price for May 2019.

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

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Norridge261752.9%$271,250$271,500-0.1%
Forest River21100%$270,000$222,50021.3%
Palos Heights23224.5%$266,000$286,000-7%
Willow Springs1014-28.6%$264,500$317,500-16.7%
Orland Park96128-25%$263,750$266,250-0.9%
Rosemont220%$260,500$478,000-45.5%
River Grove11837.5%$256,500$144,00078.1%
Palatine1191180.8%$256,000$292,000-12.3%
Westchester363212.5%$252,000$247,0002%
Countryside13862.5%$250,000$116,000115.5%
Brookfield3541-14.6%$248,000$245,0001.2%

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