How did home prices perform in Northlake during May 2021?

How did home prices perform in Northlake during May 2021?
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The median sale price of a home sold in May 2021 in Northlake fell by $28,500 while total sales increased by 233.3%, according to BlockShopper.com.

In May 2021, there were 10 homes sold, with a median sale price of $210,000 – a 11.9% decrease over the $238,500 median sale price for the same period of the previous year. There were three homes sold in Northlake in May 2020.

The median sales tax in Northlake for the most recent year with available data, 2019, was $4,656, approximately 2.2% of the median home sale price for May 2021.

The following table compares Northlake to other Cook County cities with similar median sale prices in May 2021:

City May 2021 Home Sales May 2020 Home Sales % change (Total Home Sales) May 2021 Median Sales Price May 2020 Median Sales Price % change (Median Sales Price)
Lyons 9 2 350% $220,000 $207,250 6.2%
Streamwood 65 27 140.7% $220,000 $212,500 3.5%
Bridgeview 19 8 137.5% $212,000 $200,000 6%
Elgin 36 10 260% $211,000 $210,000 0.5%
Tinley Park 84 42 100% $210,000 $203,500 3.2%
Northlake 10 3 233.3% $210,000 $238,500 -11.9%
Schaumburg 144 39 269.2% $204,000 $206,000 -1%
Worth 20 9 122.2% $200,000 $178,000 12.4%
Bellwood 11 5 120% $197,000 $180,000 9.4%
Buffalo Grove 39 6 550% $194,000 $300,500 -35.4%
Midlothian 23 6 283.3% $190,000 $154,250 23.2%


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