Rising home prices in Schiller Park in May 2021

Rising home prices in Schiller Park in May 2021
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The median sale price of a home sold in May 2021 in Schiller Park rose by $96,500 while total sales increased by 133.3%, according to BlockShopper.com.

In May 2021, there were 14 homes sold, with a median sale price of $275,000 – a 54.1% increase over the $178,500 median sale price for the same period of the previous year. There were six homes sold in Schiller Park in May 2020.

The median sales tax in Schiller Park for the most recent year with available data, 2019, was $4,955, approximately 1.8% of the median home sale price for May 2021.

The following table compares Schiller 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)
Harwood Heights 13 2 550% $290,000 $232,500 24.7%
Palos Hills 22 8 175% $289,500 $170,000 70.3%
River Grove 13 4 225% $285,000 $237,500 20%
Forest River 2 0 – $284,000 $0 –
Elmwood Park 34 14 142.9% $276,500 $242,500 14%
Schiller Park 14 6 133.3% $275,000 $178,500 54.1%
Hoffman Estates 72 28 157.1% $272,500 $282,500 -3.5%
Des Plaines 122 47 159.6% $271,500 $252,000 7.7%
Berwyn 56 31 80.6% $270,250 $292,500 -7.6%
Stickney 5 2 150% $270,000 $220,000 22.7%
Elk Grove Village 50 23 117.4% $267,000 $258,000 3.5%


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