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West Cook News

Tuesday, November 26, 2024

Franklin Park home prices rise in March 2018

Re 5

The median sale price of a home sold in March 2018 in Franklin Park rose by $67,500 while total sales decreased by 16.7%, according to BlockShopper.com.

In March 2018, there were 20 homes sold, with a median sale price of $220,000 - a 44.3% increase over the $152,500 median sale price for the same period of the previous year. There were 24 homes sold in Franklin Park in March 2017.

The median sales tax in Franklin Park for the most recent year with available data, 2017, was $5,219, approximately 2.4% of the median home sale price for March 2018.

The following table compares Franklin Park to other Cook County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Berwyn5872-19.4%$229,500$204,00012.5%
Melrose Park1830-40%$229,500$173,50032.3%
Orland Park8092-13%$226,750$240,000-5.5%
Buffalo Grove1922-13.6%$226,000$208,0008.7%
Prospect Heights171513.3%$222,000$240,000-7.5%
Franklin Park2024-16.7%$220,000$152,50044.3%
Hickory Hills131030%$217,000$222,500-2.5%
Bartlett251931.6%$217,000$206,5005.1%
Palatine68109-37.6%$214,500$175,00022.6%
Justice6450%$211,500$139,75051.3%
Des Plaines88862.3%$201,500$179,00012.6%

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