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Dupage Policy Journal

Friday, April 26, 2024

Lombard home prices rise in the first half of 2019

Realestate1

The median sale price of a home sold in the first half of 2019 in Lombard rose by $2,500 while total sales increased by 32.9%, according to BlockShopper.com.

From January through June of 2019, there were 283 homes sold, with a median sale price of $240,000 - a 1.1% increase over the $237,500 median sale price for the same period of the previous year. There were 213 homes sold in Lombard in the first half of 2018.

The median sales tax in Lombard for the most recent year with available data, 2017, was $5,641, approximately 2.4% of the median home sale price for the first half of 2019.

The following table compares Lombard to other DuPage 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)
Woodridge1451394.3%$264,000$257,8002.4%
Wood Dale1007042.9%$260,000$210,00023.8%
Bloomingdale15410842.6%$257,750$258,500-0.3%
Roselle103111-7.2%$250,000$215,00016.3%
Oakbrook Terrace8714.3%$247,500$200,00023.8%
Lombard28321332.9%$240,000$237,5001.1%
Carol Stream2171999%$238,000$235,0001.3%
West Chicago1007042.9%$235,000$265,000-11.3%
Villa Park1031003%$235,000$245,000-4.1%
Addison1381315.3%$231,000$215,0007.4%
Aurora3323203.8%$220,000$226,500-2.9%

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