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Thursday, November 28, 2024

Mission Hills Estates home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Mission Hills Estates fell by $27,500 while total sales decreased by 50%, according to BlockShopper.com.

From April through June of 2019, there were two homes sold, with a median sale price of $267,500 - a 9.3% decrease over the $295,000 median sale price for the same period of the previous year. There were four homes sold in Mission Hills Estates in the second quarter of 2018.

The median sales tax in Mission Hills Estates for the most recent year with available data, 2018, was $4,418, approximately 1.7% of the median home sale price for the second quarter of 2019.

The following table compares Mission Hills Estates to other Cook County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Morton Grove13211910.9%$301,500$305,000-1.1%
Niles1311254.8%$290,000$280,0003.6%
Norridge5659-5.1%$288,250$285,0001.1%
Forest River21100%$270,000$222,50021.3%
Harwood Heights2536-30.6%$268,000$262,0002.3%
Mission Hills Estates24-50%$267,500$295,000-9.3%
Palos Heights84813.7%$266,750$279,000-4.4%
Palatine376465-19.1%$265,000$275,000-3.6%
Orland Park304351-13.4%$260,000$262,000-0.8%
Brookfield101113-10.6%$260,000$244,0006.6%
Prospect Heights675717.5%$260,000$240,0008.3%

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