Chicago City Wire

In May, the median sale price of a home in Cook County rose by $30,000 from the same period in the previous year, while total sales decreased by 4.7%, according to BlockShopper.com.

Data shows that there were 5,401 homes sold in May, with a median sale price of $320,000 - a 10.3% increase over the $290,000 median sale price for the same period of the previous year. There were 5,668 homes sold in Cook County in May 2023.

For context, the median sales tax in Cook County, based on the latest available data from 2022, was $5,508, which stands at 1.7% of May's median home sale price.

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