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Wednesday, November 27, 2024

Des Plaines home prices rise in the second quarter of 2019

Re 12

The median sale price of a home sold in the second quarter of 2019 in Des Plaines rose by $3,000 while total sales decreased by 5.4%, according to BlockShopper.com.

From April through June of 2019, there were 318 homes sold, with a median sale price of $229,000 - a 1.3% increase over the $226,000 median sale price for the same period of the previous year. There were 336 homes sold in Des Plaines in the second quarter of 2018.

The median sales tax in Des Plaines for the most recent year with available data, 2018, was $4,504, approximately 2% of the median home sale price for the second quarter of 2019.

The following table compares Des Plaines 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)
Forest Park9598-3.1%$248,000$218,50013.5%
Elk Grove Village151158-4.4%$245,000$258,500-5.2%
North Riverside2329-20.7%$240,000$242,500-1%
Hickory Hills5563-12.7%$237,500$225,0005.6%
Berwyn171200-14.5%$230,000$227,5001.1%
Des Plaines318336-5.4%$229,000$226,0001.3%
Countryside1926-26.9%$221,000$151,75045.6%
Stickney2325-8%$220,000$172,50027.5%
Berkeley1427-48.1%$217,500$200,0008.8%
Buffalo Grove88108-18.5%$213,500$209,0002.2%
Schaumburg396401-1.2%$213,000$196,5008.4%

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