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Friday, November 1, 2024

Elmhurst (Cook County) home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Elmhurst in Cook County rose by $52,500 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2017, there were three homes sold, with a median sale price of $220,000 - a 31.3% increase over the $167,500 median sale price for the same period of the previous year. There were two homes sold in Elmhurst in the third quarter of 2016.

The median sales tax in Elmhurst for 2017 was $3,274.51. In 2016, the median sales tax was $2,797.20. This marks an increase of 17.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Elmhurst to other Cook County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Indian Head Park3032-6.3%$226,500$213,5006.1%
Northbrook West18-87.5%$225,000$635,000-64.6%
Roselle2440-40%$224,000$208,7507.3%
Rolling Meadows127134-5.2%$223,000$200,00011.5%
Willow Springs402748.1%$220,000$217,5001.1%
Elmhurst3250%$220,000$167,50031.3%
Orland Hills302520%$215,000$199,5007.8%
Berwyn189207-8.7%$212,000$190,00011.6%
Stickney2124-12.5%$207,500$164,50026.1%
Schiller Park3344-25%$203,500$185,00010%
River Grove493732.4%$200,000$179,00011.7%
* This story only considers sales data for the part of Elmhurst that is in Cook County.

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