In January 2018, there were 40 homes sold, with a median sale price of $217,500 - a 12.4% increase over the $193,500 median sale price for the same period of the previous year. There were 21 homes sold in Elmwood Park in January 2017.
The median sales tax in Elmwood Park for the most recent year with available data, 2017, was $5,490, approximately 2.5% of the median home sale price for January 2018.
The following table compares Elmwood Park to other Cook County cities with similar median sales prices in January 2018:
City | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Orland Park | 75 | 67 | 11.9% | $225,000 | $200,000 | 12.5% |
North Riverside | 7 | 4 | 75% | $220,000 | $196,750 | 11.8% |
Hoffman Estates | 57 | 56 | 1.8% | $220,000 | $224,500 | -2% |
Flossmoor | 12 | 23 | -47.8% | $218,500 | $190,000 | 15% |
East Hazel Crest | 1 | 0 | - | $217,500 | $0 | - |
Elmwood Park | 40 | 21 | 90.5% | $217,500 | $193,500 | 12.4% |
Hickory Hills | 17 | 19 | -10.5% | $215,000 | $185,000 | 16.2% |
Forest Park | 24 | 26 | -7.7% | $214,500 | $210,000 | 2.1% |
Des Plaines | 80 | 90 | -11.1% | $210,000 | $200,000 | 5% |
Justice | 14 | 7 | 100% | $210,000 | $148,000 | 41.9% |
Schiller Park | 15 | 12 | 25% | $205,000 | $169,000 | 21.3% |