From January through December of 2017, there were eight homes sold, with a median sale price of $180,750 - a 6.3% increase over the $170,000 median sale price for the previous year. There were five homes sold in Elmhurst in 2016.
The median sales tax in Elmhurst for 2017 was $3,275. In 2016, the median sales tax was $2,797. 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 1.8%.
The following table compares Elmhurst to other Cook County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Schiller Park | 121 | 148 | -18.2% | $185,000 | $179,000 | 3.4% |
Franklin Park | 285 | 259 | 10% | $185,000 | $173,000 | 6.9% |
Tinley Park | 1,011 | 956 | 5.8% | $185,000 | $178,000 | 3.9% |
Berkeley | 81 | 78 | 3.8% | $183,000 | $150,000 | 22% |
Streamwood | 810 | 774 | 4.7% | $183,000 | $166,000 | 10.2% |
Elmhurst | 8 | 5 | 60% | $180,750 | $170,000 | 6.3% |
Melrose Park | 304 | 272 | 11.8% | $180,000 | $165,000 | 9.1% |
Hanover Park | 293 | 276 | 6.2% | $180,000 | $177,500 | 1.4% |
Wheeling | 552 | 489 | 12.9% | $178,000 | $168,000 | 6% |
Burbank | 390 | 362 | 7.7% | $178,000 | $170,000 | 4.7% |
Bridgeview | 160 | 158 | 1.3% | $173,500 | $161,000 | 7.8% |