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North Cook News

Wednesday, November 27, 2024

Lincolnwood home prices fall in June 2019

Re 5

The median sale price of a home sold in June 2019 in Lincolnwood fell by $41,500 while total sales decreased by 30%, according to BlockShopper.com.

In June 2019, there were 14 homes sold, with a median sale price of $264,000 - a 13.6% decrease over the $305,500 median sale price for the same period of the previous year. There were 20 homes sold in Lincolnwood in June 2018.

The median sales tax in Lincolnwood for the most recent year with available data, 2018, was $7,266, approximately 2.8% of the median home sale price for June 2019.

The following table compares Lincolnwood 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)
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%
Hoffman Estates8198-17.3%$262,000$265,000-1.1%
Forest Park3135-11.4%$260,000$225,00015.6%
Mission Hills Estates12-50%$260,000$340,000-23.5%
Palos Heights3439-12.8%$257,500$289,500-11.1%
Elmwood Park3538-7.9%$255,000$279,750-8.8%

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