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North Cook News

Wednesday, November 27, 2024

Schaumburg (Cook County) home prices rise in the first half of 2019

Realestate3

The median sale price of a home sold in the first half of 2019 in Schaumburg in Cook County rose by $15,000 while total sales decreased by 3.8%, according to BlockShopper.com.

From January through June of 2019, there were 637 homes sold, with a median sale price of $205,000 - a 7.9% increase over the $190,000 median sale price for the same period of the previous year. There were 662 homes sold in Schaumburg in the first half of 2018.

The median sales tax in Schaumburg for the most recent year with available data, 2018, was $4,701, approximately 2.3% of the median home sale price for the first half of 2019.

The following table compares Schaumburg 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)
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%
Berkeley2836-22.2%$202,500$187,2508.1%
Orland Hills3348-31.3%$202,000$190,0006.3%
Franklin Park13010523.8%$200,500$210,000-4.5%
Forest View990%$200,000$205,000-2.4%
* This story only considers sales data for the part of Schaumburg that is in Cook County.

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