In January 2018, there were 20 homes sold, with a median sale price of $169,000. There were 27 homes sold in Melrose Park in January 2017, and the median sales price for the period was also $169,000.
The median sales tax in Melrose Park for the most recent year with available data, 2017, was $4,858, approximately 2.9% of the median home sale price for January 2018.
The following table compares Melrose 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) |
|---|---|---|---|---|---|---|
| Burbank | 27 | 32 | -15.6% | $171,500 | $171,750 | -0.1% |
| Rolling Meadows | 29 | 25 | 16% | $171,000 | $180,000 | -5% |
| Oak Lawn | 77 | 103 | -25.2% | $170,000 | $160,000 | 6.3% |
| Stone Park | 3 | 2 | 50% | $170,000 | $119,500 | 42.3% |
| Evergreen Park | 25 | 19 | 31.6% | $170,000 | $165,000 | 3% |
| Melrose Park | 20 | 27 | -25.9% | $169,000 | $169,000 | 0% |
| River Grove | 10 | 9 | 11.1% | $167,500 | $163,000 | 2.8% |
| Wheeling | 36 | 34 | 5.9% | $167,000 | $158,000 | 5.7% |
| Elgin | 27 | 35 | -22.9% | $166,000 | $160,000 | 3.8% |
| Hanover Park | 16 | 25 | -36% | $162,750 | $158,000 | 3% |
| Northlake | 15 | 6 | 150% | $160,000 | $134,250 | 19.2% |
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