In December 2019, there were 34 homes sold, with a median sale price of $230,000 - a 31.4% increase over the $175,000 median sale price for the same period of the previous year. There were 25 homes sold in Elmwood Park in December 2018.
The median sales tax in Elmwood Park for the most recent year with available data, 2018, was $5,622, approximately 2.4% of the median home sale price for December 2019.
The following table compares Elmwood Park to other Cook County cities with similar median sales prices in December 2019:
City | Dec. 2019 Home Sales | Dec. 2018 Home Sales | % change (Total Home Sales) | Dec. 2019 Median Sales Price | Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
River Grove | 7 | 6 | 16.7% | $243,500 | $219,500 | 10.9% |
Prospect Heights | 14 | 18 | -22.2% | $238,750 | $237,500 | 0.5% |
Westchester | 28 | 25 | 12% | $237,000 | $245,000 | -3.3% |
Elk Grove Village | 36 | 35 | 2.9% | $235,000 | $265,000 | -11.3% |
North Riverside | 6 | 6 | 0% | $234,500 | $248,000 | -5.4% |
Elmwood Park | 34 | 25 | 36% | $230,000 | $175,000 | 31.4% |
Olympia Fields | 6 | 6 | 0% | $230,000 | $161,500 | 42.4% |
Melrose Park | 9 | 22 | -59.1% | $223,000 | $159,750 | 39.6% |
Indian Head Park | 5 | 5 | 0% | $220,000 | $182,000 | 20.9% |
Elmhurst | 1 | 0 | - | $219,000 | $0 | - |
Schaumburg | 75 | 74 | 1.4% | $218,000 | $194,250 | 12.2% |