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Thursday, November 28, 2024

Palatine (Cook County) home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Palatine in Cook County fell by $16,750 while total sales decreased by 41.5%, according to BlockShopper.com.

In June 2019, there were 134 homes sold, with a median sale price of $271,250 - a 5.8% decrease over the $288,000 median sale price for the same period of the previous year. There were 229 homes sold in Palatine in June 2018.

The median sales tax in Palatine for the most recent year with available data, 2018, was $5,882, approximately 2.2% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Skokie8899-11.1%$307,500$321,000-4.2%
Morton Grove3942-7.1%$301,000$304,000-1%
Mount Prospect98971%$300,000$315,000-4.8%
Harwood Heights819-57.9%$288,500$262,00010.1%
Brookfield3641-12.2%$276,000$237,50016.2%
Palatine134229-41.5%$271,250$288,000-5.8%
Flossmoor1927-29.6%$270,000$204,50032%
Niles3649-26.5%$267,250$299,000-10.6%
Bartlett3750-26%$265,000$267,000-0.7%
North Riverside711-36.4%$265,000$231,00014.7%
Lincolnwood1420-30%$264,000$305,500-13.6%
* This story only considers sales data for the part of Palatine that is in Cook County.

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