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Wednesday, October 1, 2025

Franklin Park home prices rise in the first half of 2020

Webp realestate2

The median sale price of a home sold in the first half of 2020 in Franklin Park rose by $12,500 while total sales decreased by 55.4%, according to BlockShopper.com.

From January through June of 2020, there were 58 homes sold, with a median sale price of $213,000 - a 6.2% increase over the $200,500 median sale price for the same period of the previous year. There were 130 homes sold in Franklin Park in the first half of 2019.

The median sales tax in Franklin Park for the most recent year with available data, 2019, was $5,077, approximately 2.4% of the median home sale price for the first half of 2020.

The following table compares Franklin Park to other Cook County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Countryside2336-36.1%$218,000$246,000-11.4%
Prospect Heights51103-50.5%$216,500$260,000-16.7%
Buffalo Grove83144-42.4%$216,000$200,0008%
Forest Park79143-44.8%$215,000$248,000-13.3%
Oak Forest125250-50%$215,000$188,00014.4%
Franklin Park58130-55.4%$213,000$200,5006.2%
Melrose Park60110-45.5%$210,000$210,0000%
Hanover Park81119-31.9%$210,000$192,5009.1%
Schaumburg368636-42.1%$210,000$205,0002.4%
Cicero126243-48.1%$208,000$190,0009.5%
Evergreen Park75161-53.4%$207,000$185,00011.9%

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