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Thursday, November 28, 2024

Streamwood home prices rise in the first half of 2019

Re 6

The median sale price of a home sold in the first half of 2019 in Streamwood rose by $6,750 while total sales decreased by 9.7%, according to BlockShopper.com.

From January through June of 2019, there were 346 homes sold, with a median sale price of $196,750 - a 3.6% increase over the $190,000 median sale price for the same period of the previous year. There were 383 homes sold in Streamwood in the first half of 2018.

The median sales tax in Streamwood for the most recent year with available data, 2018, was $4,821, approximately 2.5% of the median home sale price for the first half of 2019.

The following table compares Streamwood 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)
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%
Bridgeview856334.9%$196,000$178,00010.1%
Tinley Park444556-20.1%$195,500$190,0002.9%
Broadview40400%$193,000$179,0007.8%
Hanover Park119121-1.7%$192,500$200,000-3.8%
Cicero243263-7.6%$190,000$165,50014.8%

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