The median sale price of a home sold in August 2020 in Elmwood Park rose by $32,000 while total sales decreased by 42.4%, according to BlockShopper.com.
In August 2020, there were 19 homes sold, with a median sale price of $285,000 – a 12.6% increase over the $253,000 median sale price for the same period of the previous year. There were 33 homes sold in Elmwood Park in August 2019.
The median sales tax in Elmwood Park for the most recent year with available data, 2019, was $6,109, approximately 2.1% of the median home sale price for August 2020.
The following table compares Elmwood Park to other Cook County cities with similar median sales prices in August 2020:
| City | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| La Grange Highlands | 2 | 5 | -60% | $315,000 | $270,000 | 16.7% |
| Mount Prospect | 65 | 82 | -20.7% | $310,000 | $290,500 | 6.7% |
| Glenbrook Countryside | 1 | 0 | – | $300,000 | $0 | – |
| Prospect Heights | 17 | 21 | -19% | $288,000 | $275,000 | 4.7% |
| Morton Grove | 27 | 38 | -28.9% | $287,000 | $321,000 | -10.6% |
| Elmwood Park | 19 | 33 | -42.4% | $285,000 | $253,000 | 12.6% |
| Hillside | 4 | 15 | -73.3% | $282,500 | $205,000 | 37.8% |
| Palatine | 61 | 126 | -51.6% | $277,500 | $253,500 | 9.5% |
| North Riverside | 4 | 8 | -50% | $275,000 | $249,000 | 10.4% |
| Forest Park | 13 | 25 | -48% | $275,000 | $290,000 | -5.2% |
| Orland Park | 101 | 98 | 3.1% | $275,000 | $266,500 | 3.2% |
