From April through June of 2018, there were 101 homes sold, with a median sale price of $277,500 - a 15.6% increase over the $240,000 median sale price for the same period of the previous year. There were 109 homes sold in Elmwood Park in the second quarter of 2017.
The median sales tax in Elmwood Park for the most recent year with available data, 2017, was $5,490.40, approximately 2% of the median home sale price for the second quarter of 2018.
The following table compares Elmwood Park to other Cook County cities with similar median sales prices in the second quarter of 2018:
| City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mission Hills Estates | 4 | 9 | -55.6% | $295,000 | $270,000 | 9.3% |
| Mount Prospect | 253 | 225 | 12.4% | $295,000 | $298,000 | -1% |
| Norridge | 59 | 53 | 11.3% | $285,000 | $270,000 | 5.6% |
| Niles | 125 | 117 | 6.8% | $280,000 | $277,500 | 0.9% |
| Palos Heights | 81 | 75 | 8% | $279,000 | $242,000 | 15.3% |
| Elmwood Park | 101 | 109 | -7.3% | $277,500 | $240,000 | 15.6% |
| Palatine | 465 | 423 | 9.9% | $275,000 | $240,000 | 14.6% |
| Hoffman Estates | 257 | 230 | 11.7% | $265,000 | $251,000 | 5.6% |
| Harwood Heights | 36 | 30 | 20% | $262,000 | $270,000 | -3% |
| Orland Park | 351 | 317 | 10.7% | $262,000 | $255,000 | 2.7% |
| Elk Grove Village | 158 | 148 | 6.8% | $258,500 | $243,000 | 6.4% |
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