Quantcast

North Cook News

Thursday, November 28, 2024

Rolling Meadows home prices rise in the first half of 2019

Re 11

The median sale price of a home sold in the first half of 2019 in Rolling Meadows rose by $1,250 while total sales decreased by 21.4%, according to BlockShopper.com.

From January through June of 2019, there were 162 homes sold, with a median sale price of $200,000 - a 0.6% increase over the $198,750 median sale price for the same period of the previous year. There were 206 homes sold in Rolling Meadows in the first half of 2018.

The median sales tax in Rolling Meadows for the most recent year with available data, 2018, was $5,338, approximately 2.7% of the median home sale price for the first half of 2019.

The following table compares Rolling Meadows 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)
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%
Rolling Meadows162206-21.4%$200,000$198,7500.6%
Burbank1621610.6%$200,000$185,0008.1%
Buffalo Grove144159-9.4%$200,000$200,0000%
Flossmoor1129221.7%$197,500$208,250-5.2%
Olympia Fields634057.5%$197,000$179,7509.6%
Streamwood346383-9.7%$196,750$190,0003.6%

MORE NEWS