In January 2019, there were 23 homes sold, with a median sale price of $253,000 - a 16.3% increase over the $217,500 median sale price for the same period of the previous year. There were 40 homes sold in Elmwood Park in January 2018.
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 January 2019.
The following table compares Elmwood Park to other Cook County cities with similar median sales prices in January 2019:
City | Jan. 2019 Home Sales | Jan. 2018 Home Sales | % change (Total Home Sales) | Jan. 2019 Median Sales Price | Jan. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Niles | 20 | 30 | -33.3% | $263,250 | $252,500 | 4.3% |
Evanston | 45 | 72 | -37.5% | $260,000 | $362,500 | -28.3% |
Mount Prospect | 49 | 45 | 8.9% | $260,000 | $270,000 | -3.7% |
North Riverside | 5 | 7 | -28.6% | $259,000 | $220,000 | 17.7% |
Morton Grove | 18 | 27 | -33.3% | $254,250 | $268,500 | -5.3% |
Elmwood Park | 23 | 40 | -42.5% | $253,000 | $217,500 | 16.3% |
Palos Heights | 17 | 17 | 0% | $252,000 | $230,000 | 9.6% |
Willow Springs | 8 | 10 | -20% | $250,000 | $174,250 | 43.5% |
Orland Park | 68 | 75 | -9.3% | $249,750 | $225,000 | 11% |
Lincolnwood | 8 | 15 | -46.7% | $247,000 | $441,500 | -44.1% |
Buffalo Grove | 22 | 14 | 57.1% | $242,500 | $152,500 | 59% |