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Thursday, November 28, 2024

Harwood Heights home prices fall in the first half of 2019

Re 12

The median sale price of a home sold in the first half of 2019 in Harwood Heights fell by $2,500 while total sales decreased by 22.6%, according to BlockShopper.com.

From January through June of 2019, there were 48 homes sold, with a median sale price of $264,000 - a 0.9% decrease over the $266,500 median sale price for the same period of the previous year. There were 62 homes sold in Harwood Heights in the first half of 2018.

The median sales tax in Harwood Heights for the most recent year with available data, 2018, was $4,740, approximately 1.8% of the median home sale price for the first half of 2019.

The following table compares Harwood Heights to other Cook County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Mount Prospect3893685.7%$290,000$285,0001.8%
Norridge80101-20.8%$289,500$285,0001.6%
Morton Grove199205-2.9%$285,000$295,000-3.4%
Oak Park443473-6.3%$282,500$351,000-19.5%
Niles188208-9.6%$280,500$274,0002.4%
Harwood Heights4862-22.6%$264,000$266,500-0.9%
Palos Heights1301217.4%$263,500$270,000-2.4%
Prospect Heights103967.3%$260,000$241,2507.8%
Brookfield157171-8.2%$255,000$242,0005.4%
Orland Park477559-14.7%$255,000$247,0003.2%
Elmwood Park157185-15.1%$255,000$255,0000%

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