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North Cook News

Wednesday, November 27, 2024

Schaumburg (Cook County) home prices rise 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 Schaumburg in Cook County rose by $16,500 while total sales decreased by 1.2%, according to BlockShopper.com.

From April through June of 2019, there were 396 homes sold, with a median sale price of $213,000 - a 8.4% increase over the $196,500 median sale price for the same period of the previous year. There were 401 homes sold in Schaumburg in the second quarter of 2018.

The median sales tax in Schaumburg for the most recent year with available data, 2018, was $4,701, approximately 2.2% of the median home sale price for the second quarter of 2019.

The following table compares Schaumburg 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)
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%
Melrose Park6384-25%$212,000$200,0006%
Rolling Meadows104132-21.2%$211,000$217,500-3%
River Grove342725.9%$204,500$165,00023.9%
Hillside2731-12.9%$204,000$190,0007.4%
Tinley Park286358-20.1%$202,500$200,0001.3%
* This story only considers sales data for the part of Schaumburg that is in Cook County.

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