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Monday, November 25, 2024

Wheeling (Cook County) home prices fall in May 2019

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The median sale price of a home sold in May 2019 in Wheeling in Cook County fell by $6,500 while total sales increased by 11.9%, according to BlockShopper.com.

In May 2019, there were 47 homes sold, with a median sale price of $195,000 - a 3.2% decrease over the $201,500 median sale price for the same period of the previous year. There were 42 homes sold in Wheeling in May 2018.

The median sales tax in Wheeling for the most recent year with available data, 2018, was $4,489, approximately 2.3% of the median home sale price for May 2019.

The following table compares Wheeling 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)
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%
Forest View24-50%$194,000$207,107-6.3%
Schiller Park12850%$193,500$220,500-12.2%
Northlake915-40%$193,000$200,000-3.5%
Cicero4453-17%$189,500$164,00015.5%
Alsip2023-13%$187,500$185,0001.4%
* This story only considers sales data for the part of Wheeling that is in Cook County.

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