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Wednesday, November 27, 2024

Des Plaines home prices rise in the first half of 2019

Realestate2

The median sale price of a home sold in the first half of 2019 in Des Plaines rose by $5,000 while total sales decreased by 6.1%, according to BlockShopper.com.

From January through June of 2019, there were 523 homes sold, with a median sale price of $220,500 - a 2.3% increase over the $215,500 median sale price for the same period of the previous year. There were 557 homes sold in Des Plaines in the first half 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 first half of 2019.

The following table compares Des Plaines 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)
Indian Head Park4853-9.4%$227,500$218,0004.4%
Willow Springs5564-14.1%$225,000$260,750-13.7%
Roselle2933-12.1%$224,000$228,500-2%
Hickory Hills85106-19.8%$220,500$217,2501.5%
Berwyn308358-14%$220,500$217,2501.5%
Des Plaines523557-6.1%$220,500$215,5002.3%
Stickney3746-19.6%$210,000$173,75020.9%
Melrose Park110134-17.9%$210,000$192,5009.1%
Forest River41300%$207,500$222,500-6.7%
Schaumburg637662-3.8%$205,000$190,0007.9%
River Grove5354-1.9%$204,000$167,50021.8%

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