The median sale price of a home sold in May 2021 in Indian Head Park rose by $98,500 while total sales increased by 300%, according to BlockShopper.com.
In May 2021, there were eight homes sold, with a median sale price of $224,500 – a 78.2% increase over the $126,000 median sale price for the same period of the previous year. There were two homes sold in Indian Head Park in May 2020.
The median sales tax in Indian Head Park for the most recent year with available data, 2019, was $4,632, approximately 2.1% of the median home sale price for May 2021.
The following table compares Indian Head Park 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) |
|---|---|---|---|---|---|---|
| Cicero | 44 | 12 | 266.7% | $232,500 | $197,500 | 17.7% |
| Matteson | 13 | 5 | 160% | $230,000 | $227,000 | 1.3% |
| Melrose Park | 23 | 7 | 228.6% | $230,000 | $209,000 | 10% |
| Olympia Fields | 7 | 3 | 133.3% | $228,000 | $280,000 | -18.6% |
| Oak Lawn | 111 | 33 | 236.4% | $225,000 | $189,000 | 19% |
| Indian Head Park | 8 | 2 | 300% | $224,500 | $126,000 | 78.2% |
| Hickory Hills | 22 | 8 | 175% | $221,000 | $215,500 | 2.6% |
| 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% |
