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Monday, November 25, 2024

Des Plaines home prices rise in May 2019

Realestate3

The median sale price of a home sold in May 2019 in Des Plaines rose by $23,000 while total sales increased by 3.8%, according to BlockShopper.com.

In May 2019, there were 110 homes sold, with a median sale price of $238,250 - a 10.7% increase over the $215,250 median sale price for the same period of the previous year. There were 106 homes sold in Des Plaines in May 2018.

The median sales tax in Des Plaines for the most recent year with available data, 2018, was $4,504, approximately 1.9% of the median home sale price for May 2019.

The following table compares Des Plaines 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)
Brookfield3541-14.6%$248,000$245,0001.2%
Hoffman Estates7584-10.7%$245,000$280,000-12.5%
Palos Hills3137-16.2%$245,000$153,00060.1%
Bartlett3037-18.9%$240,000$227,5005.5%
Forest Park403129%$239,000$158,00051.3%
Des Plaines1101063.8%$238,250$215,25010.7%
Hickory Hills1618-11.1%$237,500$227,5004.4%
Berkeley510-50%$236,000$178,50032.2%
Franklin Park25250%$235,000$225,0004.4%
Harwood Heights111010%$234,000$252,500-7.3%
Elmwood Park30300%$231,000$292,500-21%

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