In December 2018, there were 24 homes sold, with a median sale price of $174,750 - a 26.3% decrease over the $237,000 median sale price for the same period of the previous year. There were 30 homes sold in Elmwood Park in December 2017.
The median sales tax in Elmwood Park for the most recent year with available data, 2017, was $5,490, approximately 3.1% of the median home sale price for December 2018.
The following table compares Elmwood Park to other Cook County cities with similar median sales prices in December 2018:
City | Dec. 2018 Home Sales | Dec. 2017 Home Sales | % change (Total Home Sales) | Dec. 2018 Median Sales Price | Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Indian Head Park | 5 | 16 | -68.8% | $182,000 | $237,500 | -23.4% |
Palatine | 107 | 82 | 30.5% | $182,000 | $197,750 | -8% |
Justice | 10 | 11 | -9.1% | $176,250 | $150,000 | 17.5% |
Forest Park | 13 | 23 | -43.5% | $175,000 | $252,000 | -30.6% |
Northlake | 15 | 18 | -16.7% | $175,000 | $164,250 | 6.5% |
Elmwood Park | 24 | 30 | -20% | $174,750 | $237,000 | -26.3% |
Evergreen Park | 19 | 28 | -32.1% | $172,000 | $167,500 | 2.7% |
Oak Lawn | 61 | 79 | -22.8% | $171,000 | $175,000 | -2.3% |
Olympia Fields | 5 | 5 | 0% | $170,000 | $185,000 | -8.1% |
Lyons | 5 | 13 | -61.5% | $170,000 | $185,000 | -8.1% |
Merrionette Park | 1 | 3 | -66.7% | $165,000 | $223,500 | -26.2% |