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Chicago City Wire

Friday, April 26, 2024

Schiller Park home prices rise in August 2018

Re 11

The median sale price of a home sold in August 2018 in Schiller Park rose by $55,250 while total sales decreased by 58.3%, according to BlockShopper.com.

In August 2018, there were five homes sold, with a median sale price of $260,500 - a 26.9% increase over the $205,250 median sale price for the same period of the previous year. There were 12 homes sold in Schiller Park in August 2017.

The median sales tax in Schiller Park for the most recent year with available data, 2017, was $4,258, approximately 1.6% of the median home sale price for August 2018.

The following table compares Schiller Park to other Cook County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Elmwood Park32320%$267,500$223,50019.7%
Niles56560%$267,000$290,000-7.9%
Palos Heights272412.5%$265,000$232,50014%
Brookfield3341-19.5%$265,000$250,0006%
Hodgkins10-$265,000$0-
Schiller Park512-58.3%$260,500$205,25026.9%
Hickory Hills14137.7%$256,250$220,50016.2%
Westchester4252-19.2%$250,250$227,50010%
Mission Hills Estates34-25%$245,000$336,000-27.1%
Rolling Meadows3348-31.3%$245,000$220,00011.4%
La Grange Park1521-28.6%$244,000$275,000-11.3%

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