Chicago City Wire

In January 2023, the median sale price of a home in Cook County rose by $5,000 from the same period in the previous year, while total sales increased by 316.2%, according to BlockShopper.com.

Data shows that there were 3,188 homes sold in January 2023, with a median sale price of $250,000 - a 2% increase over the $245,000 median sale price for the same period of the previous year. There were 766 homes sold in Cook County in January 2022.

For context, the median sales tax in Cook County, based on the latest available data from 2022, was $5,508, which stands at 2.2% of January 2023's median home sale price.

The following histogram displays changes in median sales prices in Cook County from January 2022 to January 2023.