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Wednesday, November 27, 2024

Rosemont 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 Rosemont fell by $242,500 while total sales decreased by 14.3%, according to BlockShopper.com.

From April through June of 2019, there were six homes sold, with a median sale price of $132,500 - a 64.7% decrease over the $375,000 median sale price for the same period of the previous year. There were seven homes sold in Rosemont in the second quarter of 2018.

The median sales tax in Rosemont for the most recent year with available data, 2018, was $5,289, approximately 4% of the median home sale price for the second quarter of 2019.

The following table compares Rosemont 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)
Crestwood6876-10.5%$150,000$120,50024.5%
Matteson7381-9.9%$150,000$150,0000%
Midlothian6483-22.9%$148,000$135,0009.6%
Lynwood2226-15.4%$139,500$150,000-7%
South Holland92122-24.6%$139,250$142,500-2.3%
Rosemont67-14.3%$132,500$375,000-64.7%
Blue Island5560-8.3%$130,000$118,5009.7%
Hometown2231-29%$129,750$124,0004.6%
Glenwood3444-22.7%$127,250$104,25022.1%
Posen1618-11.1%$126,500$107,50017.7%
Country Club Hills5792-38%$123,500$104,50018.2%

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