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Friday, April 26, 2024

Elmhurst (Cook County) home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Elmhurst in Cook County fell by $84,750 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2018, there were three homes sold, with a median sale price of $95,500 - a 47% decrease over the $180,250 median sale price for the same period of the previous year. There were two homes sold in Elmhurst in the first quarter of 2017.

The median sales tax in Elmhurst for the most recent year with available data, 2017, was $3,274.50, approximately 3.4% of the median home sale price for the first quarter of 2018.

The following table compares Elmhurst to other Cook County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Country Club Hills876533.8%$110,000$105,0004.8%
Chicago Ridge3551-31.4%$102,000$87,00017.2%
Crestwood4653-13.2%$100,750$105,000-4%
Hazel Crest4762-24.2%$98,000$74,25032%
Posen181250%$95,750$104,000-7.9%
Elmhurst3250%$95,500$180,250-47%
Blue Island4156-26.8%$95,000$85,25011.4%
East Hazel Crest42100%$93,500$38,250144.4%
Hometown161233.3%$91,000$89,0002.2%
Calumet Park311693.8%$85,000$60,25041.1%
Chicago Heights966841.2%$80,000$58,00037.9%
* This story only considers sales data for the part of Elmhurst that is in Cook County.

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