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Monday, November 25, 2024

Rolling Meadows home prices fall in May 2019

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The median sale price of a home sold in May 2019 in Rolling Meadows fell by $11,000 while total sales decreased by 6.7%, according to BlockShopper.com.

In May 2019, there were 42 homes sold, with a median sale price of $203,000 - a 5.1% decrease over the $214,000 median sale price for the same period of the previous year. There were 45 homes sold in Rolling Meadows in May 2018.

The median sales tax in Rolling Meadows for the most recent year with available data, 2018, was $5,338, approximately 2.6% of the median home sale price for May 2019.

The following table compares Rolling Meadows 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)
Stickney78-12.5%$210,000$153,00037.3%
Bridgeview151315.4%$210,000$210,0000%
Bellwood2226-15.4%$209,500$154,50035.6%
Streamwood77718.5%$206,000$196,0005.1%
Hillside1112-8.3%$205,000$204,0000.5%
Rolling Meadows4245-6.7%$203,000$214,000-5.1%
Summit440%$200,000$157,50027%
Buffalo Grove2732-15.6%$200,000$206,500-3.1%
Oak Forest58580%$199,500$205,250-2.8%
Indian Head Park913-30.8%$196,500$210,000-6.4%
Wheeling474211.9%$195,000$201,500-3.2%

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