In April, there were five homes sold, with a median sale price of $230,000 - a 20 percent decrease from the $287,500 median sale price for the same period of the previous year. There were 60 homes sold in Elmwood Park in April 2021.
The median sales tax in Elmwood Park for the most recent year with available data, 2019, was $6,109, approximately 2.7 percent of the median home sale price for April.
The following table compares Elmwood Park to other Cook County cities with similar median sale prices in April:
City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Richton Park | 2 | 23 | -91.3 | $253,750 | $135,000 | 88 |
Flossmoor | 4 | 25 | -84 | $243,250 | $192,000 | 26.7 |
Schaumburg | 12 | 183 | -93.4 | $240,500 | $220,000 | 9.3 |
Elgin | 2 | 38 | -94.7 | $237,500 | $226,500 | 4.9 |
South Holland | 8 | 35 | -77.1 | $232,500 | $180,000 | 29.2 |
Elmwood Park | 5 | 60 | -91.7 | $230,000 | $287,500 | -20 |
Morton Grove | 9 | 57 | -84.2 | $229,000 | $320,000 | -28.4 |
Burr Ridge | 1 | 10 | -90 | $225,000 | $450,000 | -50 |
Burbank | 3 | 44 | -93.2 | $225,000 | $235,000 | -4.3 |
Oak Lawn | 14 | 132 | -89.4 | $221,500 | $190,250 | 16.4 |
Rolling Meadows | 1 | 65 | -98.5 | $220,000 | $262,500 | -16.2 |