From January through March of 2018, there were 156 homes sold, with a median sale price of $281,000 - a 12.2% decrease over the $320,000 median sale price for the same period of the previous year. There were 178 homes sold in Oak Park in the first quarter of 2017.
The median sales tax in Oak Park for the most recent year with available data, 2017, was $10,491.70, approximately 3.7% of the median home sale price for the first quarter of 2018.
The following table compares Oak Park to other Cook County cities with similar median sales prices in the first quarter of 2018:
| City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palos Park | 26 | 31 | -16.1% | $298,750 | $300,000 | -0.4% |
| Deercrest Estates | 8 | 2 | 300% | $290,000 | $422,500 | -31.4% |
| Morton Grove | 86 | 85 | 1.2% | $284,250 | $275,500 | 3.2% |
| Lemont | 45 | 50 | -10% | $283,000 | $285,000 | -0.7% |
| Norridge | 42 | 47 | -10.6% | $282,000 | $255,000 | 10.6% |
| Oak Park | 156 | 178 | -12.4% | $281,000 | $320,000 | -12.2% |
| Harwood Heights | 26 | 33 | -21.2% | $280,000 | $270,000 | 3.7% |
| Mount Prospect | 114 | 149 | -23.5% | $270,000 | $270,000 | 0% |
| Prospect Heights | 39 | 41 | -4.9% | $255,000 | $250,000 | 2% |
| Niles | 84 | 96 | -12.5% | $255,000 | $258,500 | -1.4% |
| Palos Heights | 40 | 36 | 11.1% | $252,500 | $244,000 | 3.5% |
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