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West Cook News

Tuesday, September 30, 2025

The fourth quarter of 2020: Franklin Park experienced a 11.4% increase in median home prices

Webp realestate077

The median sale price of a home sold in the fourth quarter of 2020 in Franklin Park rose by $24,500 while total sales decreased by 66.7%, according to BlockShopper.com.

From October through December of 2020, there were 18 homes sold, with a median sale price of $239,500 - a 11.4% increase over the $215,000 median sale price for the same period of the previous year. There were 54 homes sold in Franklin Park in the fourth quarter of 2019.

The median sales tax in Franklin Park for the most recent year with available data, 2019, was $5,077, approximately 2.1% of the median home sale price for the fourth quarter of 2020.

The following table compares Franklin Park to other Cook County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Elk Grove Village43117-63.2%$252,000$245,0002.9%
Westchester4281-48.1%$250,000$243,0002.9%
Evergreen Park1967-71.6%$250,000$185,00035.1%
Olympia Fields1025-60%$241,250$180,00034%
Hanover Park2551-51%$240,000$182,00031.9%
Franklin Park1854-66.7%$239,500$215,00011.4%
Tinley Park83207-59.9%$239,000$200,00019.5%
Bartlett2959-50.8%$238,000$212,50012%
Rolling Meadows3484-59.5%$237,500$230,0003.3%
Berkeley314-78.6%$237,000$212,50011.5%
Des Plaines88295-70.2%$235,000$262,000-10.3%

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