In May, there were seven homes sold, with a median sale price of $225,000 - an 18.6 percent decrease from the $276,500 median sale price for the same period of the previous year. There were 34 homes sold in Elmwood Park in May 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 May.
The following table compares Elmwood Park to other Cook County cities with similar median sale prices in May:
| City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bridgeview | 3 | 19 | -84.2 | $237,500 | $212,000 | 12 |
| Wheeling | 9 | 54 | -83.3 | $235,500 | $239,500 | -1.7 |
| Brookfield | 6 | 34 | -82.4 | $232,250 | $303,000 | -23.3 |
| Tinley Park | 14 | 84 | -83.3 | $229,500 | $210,000 | 9.3 |
| Elk Grove Village | 7 | 50 | -86 | $226,000 | $267,000 | -15.4 |
| Elmwood Park | 7 | 34 | -79.4 | $225,000 | $276,500 | -18.6 |
| Franklin Park | 3 | 26 | -88.5 | $225,000 | $255,500 | -11.9 |
| Merrionette Park | 1 | 5 | -80 | $224,000 | $120,000 | 86.7 |
| River Grove | 3 | 13 | -76.9 | $220,000 | $285,000 | -22.8 |
| Indian Head Park | 5 | 8 | -37.5 | $220,000 | $224,500 | -2 |
| Lincolnwood | 2 | 16 | -87.5 | $217,500 | $439,000 | -50.5 |
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