From January through December of 2017, there were 175 homes sold, with a median sale price of $170,000 - a 6.3% increase over the $160,000 median sale price for the previous year. There were 139 homes sold in Northlake in 2016.
The median sales tax in Northlake for 2017 was $4,756. In 2016, the median sales tax was $4,876. This marks an decrease of 2.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.
The following table compares Northlake 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) |
|---|---|---|---|---|---|---|
| Burbank | 390 | 362 | 7.7% | $178,000 | $170,000 | 4.7% |
| Bridgeview | 160 | 158 | 1.3% | $173,500 | $161,000 | 7.8% |
| Bedford Park | 14 | 6 | 133.3% | $173,000 | $109,500 | 58% |
| Oak Forest | 468 | 456 | 2.6% | $172,500 | $156,750 | 10% |
| Evergreen Park | 338 | 340 | -0.6% | $170,000 | $170,000 | 0% |
| Northlake | 175 | 139 | 25.9% | $170,000 | $160,000 | 6.3% |
| Oak Lawn | 1,085 | 995 | 9% | $167,500 | $155,000 | 8.1% |
| Elgin | 404 | 405 | -0.2% | $166,000 | $157,000 | 5.7% |
| Stickney | 93 | 95 | -2.1% | $166,000 | $149,000 | 11.4% |
| Justice | 121 | 126 | -4% | $162,000 | $151,500 | 6.9% |
| Broadview | 138 | 122 | 13.1% | $160,500 | $136,250 | 17.8% |
Alerts Sign-up