Lombard home prices rise in the third quarter of 2019

Lombard home prices rise in the third quarter of 2019
By Metric Media News Service

The median sale price of a home sold in the third quarter of 2019 in Lombard rose by $9,000 while total sales increased by 2.6%, according to BlockShopper.com.

From July through September of 2019, there were 198 homes sold, with a median sale price of $250,000 - a 3.7% increase over the $241,000 median sale price for the same period of the previous year. There were 193 homes sold in Lombard in the third quarter of 2018.

The median sales tax in Lombard for the most recent year with available data, 2018, was $5,761, approximately 2.3% of the median home sale price for the third quarter of 2019.

The following table compares Lombard to other DuPage County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Itasca433426.5%$270,000$294,000-8.2%
Roselle1136379.4%$265,500$225,00018%
Woodridge13410231.4%$264,750$247,5007%
Villa Park877614.5%$260,000$251,5003.4%
West Chicago706311.1%$256,000$238,5007.3%
Lombard1981932.6%$250,000$241,0003.7%
Carol Stream16814317.5%$250,000$245,0002%
Addison1399940.4%$250,000$260,000-3.8%
Wood Dale686111.5%$238,500$251,000-5%
Bensenville4546-2.2%$238,000$210,00013.3%
Aurora2932823.9%$223,000$245,750-9.3%


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