Chicago City Wire

In January, the median sale price of a home in Cook County rose by $27,250 from the same period in the previous year, while total sales increased by 11.4%, according to BlockShopper.com.

Data shows that there were 3,550 homes sold in January, with a median sale price of $277,250 - a 10.9% increase over the $250,000 median sale price for the same period of the previous year. There were 3,188 homes sold in Cook County in January 2023.

For context, the median sales tax in Cook County, based on the latest available data from 2022, was $5,508, which stands at 2% of January's median home sale price.

The following histogram displays changes in median sales prices in Cook County from January 2023 to January 2024.