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Friday, April 26, 2024

Schaumburg (Cook County) home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Schaumburg in Cook County fell by $16,500 while total sales decreased by 18.7%, according to BlockShopper.com.

In June 2019, there were 139 homes sold, with a median sale price of $208,500 - a 7.3% decrease over the $225,000 median sale price for the same period of the previous year. There were 171 homes sold in Schaumburg in June 2018.

The median sales tax in Schaumburg for the most recent year with available data, 2018, was $4,701, approximately 2.3% of the median home sale price for June 2019.

The following table compares Schaumburg 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)
Tinley Park105152-30.9%$215,000$210,0002.4%
Stickney12933.3%$215,000$195,00010.3%
Evergreen Park3643-16.3%$214,000$187,00014.4%
Rolling Meadows3145-31.1%$212,000$220,000-3.6%
Burbank3540-12.5%$210,000$196,2507%
Schaumburg139171-18.7%$208,500$225,000-7.3%
Stone Park20-$208,500$0-
Melrose Park2035-42.9%$208,500$192,5008.3%
River Grove1214-14.3%$207,000$173,50019.3%
Cicero4447-6.4%$206,500$172,00020.1%
Elgin373215.6%$205,000$202,5001.2%
* This story only considers sales data for the part of Schaumburg that is in Cook County.

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