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Chicago City Wire

Wednesday, April 24, 2024

Rosemont home prices rise in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in Rosemont rose by $131,000 while total sales decreased by 12.5%, according to BlockShopper.com.

From October through December of 2018, there were seven homes sold, with a median sale price of $400,000 - a 48.7% increase over the $269,000 median sale price for the same period of the previous year. There were eight homes sold in Rosemont in the fourth quarter of 2017.

The median sales tax in Rosemont for the most recent year with available data, 2017, was $5,695.90, approximately 1.4% of the median home sale price for the fourth quarter of 2018.

The following table compares Rosemont to other Cook County cities with similar median sales prices in the fourth quarter of 2018:

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Glenview144198-27.3%$414,500$405,0002.3%
La Grange2658-55.2%$410,000$387,2505.9%
Park Ridge81157-48.4%$406,000$380,0006.8%
Riverside2441-41.5%$403,500$350,00015.3%
Western Springs2752-48.1%$401,000$547,500-26.8%
Rosemont78-12.5%$400,000$269,00048.7%
Lincolnwood2844-36.4%$393,750$368,0007%
Barrington1237-67.6%$389,500$360,0008.2%
Fox Chase Estates23-33.3%$374,500$260,00044%
Glenbrook Countryside37-57.1%$350,000$341,5002.5%
Inverness1627-40.7%$347,000$465,000-25.4%

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