From January through December of 2018, there were 342 homes sold, with a median sale price of $249,000 - a 8.4% increase over the $229,750 median sale price for the previous year. There were 356 homes sold in Elmwood Park in 2017.
The median sales tax in Elmwood Park for the most recent year with available data, 2017, was $5,490, approximately 2.2% of the median home sale price for 2018.
The following table compares Elmwood Park to other Cook County cities with similar median sales prices in 2018:
City | Jan. - Dec. 2018 Home Sales | Jan. - Dec. 2017 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2018 Median Sales Price | Jan. - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Harwood Heights | 114 | 126 | -9.5% | $260,000 | $265,000 | -1.9% |
Hoffman Estates | 770 | 815 | -5.5% | $250,000 | $249,000 | 0.4% |
Forest River | 3 | 16 | -81.3% | $250,000 | $327,500 | -23.7% |
Brookfield | 319 | 335 | -4.8% | $250,000 | $230,000 | 8.7% |
Orland Park | 1,062 | 1,127 | -5.8% | $250,000 | $249,000 | 0.4% |
Elmwood Park | 342 | 356 | -3.9% | $249,000 | $229,750 | 8.4% |
Westchester | 325 | 354 | -8.2% | $242,500 | $234,000 | 3.6% |
Prospect Heights | 200 | 214 | -6.5% | $241,250 | $261,250 | -7.7% |
Elk Grove Village | 553 | 542 | 2% | $240,000 | $238,500 | 0.6% |
Willow Springs | 118 | 123 | -4.1% | $235,000 | $230,000 | 2.2% |
Mission Hills Estates | 19 | 28 | -32.1% | $235,000 | $280,000 | -16.1% |