Quantcast

Chicago City Wire

Thursday, April 25, 2024

Elmwood Park home prices rise in February 2018

Realestate4

The median sale price of a home sold in February 2018 in Elmwood Park rose by $79,000 while total sales decreased by 10.5%, according to BlockShopper.com.

In February 2018, there were 17 homes sold, with a median sale price of $209,000 - a 60.8% increase over the $130,000 median sale price for the same period of the previous year. There were 19 homes sold in Elmwood Park in February 2017.

The median sales tax in Elmwood Park for the most recent year with available data, 2017, was $5,490, approximately 2.6% of the median home sale price for February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Mission Hills Estates10-$230,000$0-
Elk Grove Village21210%$230,000$214,0007.5%
Westchester151315.4%$224,000$270,000-17%
Countryside210-80%$210,500$198,5006%
Bedford Park10-$210,000$0-
Elmwood Park1719-10.5%$209,000$130,00060.8%
Flossmoor812-33.3%$207,500$239,750-13.5%
Roselle23-33.3%$205,750$142,00044.9%
Oak Park3145-31.1%$204,500$290,000-29.5%
Streamwood2945-35.6%$197,000$185,0006.5%
Hillside210-80%$196,500$102,75091.2%

MORE NEWS