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Thursday, November 28, 2024

Rolling Meadows 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 Rolling Meadows fell by $6,500 while total sales decreased by 21.2%, according to BlockShopper.com.

From April through June of 2019, there were 104 homes sold, with a median sale price of $211,000 - a 3% decrease over the $217,500 median sale price for the same period of the previous year. There were 132 homes sold in Rolling Meadows in the second quarter of 2018.

The median sales tax in Rolling Meadows for the most recent year with available data, 2018, was $5,338, approximately 2.5% of the median home sale price for the second quarter of 2019.

The following table compares Rolling Meadows 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)
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%
Burbank1101027.8%$202,000$183,50010.1%
Franklin Park776028.3%$201,000$210,750-4.6%

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