County Clerk Cedric Giles, Cook County Clerk | https://www.cookcountyil.gov/all-people/cedric-giles
County Clerk Cedric Giles, Cook County Clerk | https://www.cookcountyil.gov/all-people/cedric-giles
The median sales price of a Cook County home in the fourth quarter of 2024 was $315,000, based on data from the 12,831 properties sold during that time. In 2024, the median tax bill for the county was $5,957, which is 1.9% of the median value of the homes that were taxed.
This is 1.7 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Cook County real estate data showed homeowners in Park Forest, Dolton, and Glenwood paid the highest rates.
The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2023 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.
“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.
The following table compares Park Forest with some other cities belonging to Cook County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2024.
City | Q4 2024 Sales | Q4 2024 Median Price | Median tax 2024 | Effective tax rate |
---|---|---|---|---|
Park Forest | 78 | $140,000 | $7,301 | 5.2% |
Dolton | 72 | $122,750 | $5,627 | 4.6% |
Glenwood | 25 | $140,000 | $6,067 | 4.3% |
Burnham | 12 | $123,500 | $5,081 | 4.1% |
Calumet City | 102 | $157,500 | $5,763 | 3.7% |
Harvey | 48 | $80,000 | $2,980 | 3.7% |
Country Club Hills | 61 | $188,500 | $7,052 | 3.7% |
Markham | 52 | $119,000 | $4,328 | 3.6% |
South Holland | 71 | $215,000 | $7,497 | 3.5% |
Hazel Crest | 44 | $172,500 | $6,068 | 3.5% |
Robbins | 4 | $67,000 | $2,277 | 3.4% |
Richton Park | 30 | $180,000 | $6,178 | 3.4% |
Riverdale | 28 | $130,000 | $4,274 | 3.3% |
South Chicago Heights | 11 | $100,000 | $3,307 | 3.3% |
Summit | 15 | $210,000 | $6,868 | 3.3% |
Oak Park | 165 | $385,000 | $12,555 | 3.3% |
Flossmoor | 30 | $326,250 | $10,389 | 3.2% |
Maywood | 67 | $230,000 | $7,076 | 3.1% |
Calumet Park | 24 | $144,500 | $4,498 | 3.1% |
Homewood | 75 | $235,000 | $6,978 | 3% |
Phoenix | 6 | $99,500 | $2,890 | 2.9% |
Thornton | 10 | $189,500 | $5,545 | 2.9% |
Matteson | 63 | $250,000 | $7,272 | 2.9% |
Olympia Fields | 16 | $341,750 | $9,688 | 2.8% |
Elmwood Park | 81 | $300,000 | $8,510 | 2.8% |
Berkeley | 10 | $247,500 | $7,033 | 2.8% |
Orland Hills | 16 | $249,000 | $6,716 | 2.7% |
Bellwood | 39 | $245,000 | $6,684 | 2.7% |
Northbrook West | 3 | $380,000 | $10,099 | 2.7% |
Inverness | 17 | $585,000 | $14,930 | 2.6% |
Lansing | 99 | $200,000 | $5,175 | 2.6% |
Berwyn | 103 | $295,000 | $7,540 | 2.6% |
Chicago Heights | 59 | $165,000 | $4,364 | 2.6% |
Palatine | 256 | $299,500 | $7,737 | 2.6% |
Bridgeview | 40 | $265,000 | $6,911 | 2.6% |
Alsip | 58 | $230,000 | $6,035 | 2.6% |
River Forest | 37 | $625,000 | $16,102 | 2.6% |
Bartlett | 54 | $350,000 | $9,208 | 2.6% |
Schiller Park | 31 | $295,000 | $7,323 | 2.5% |
La Grange | 42 | $465,250 | $11,497 | 2.5% |
Stone Park | 8 | $255,000 | $6,311 | 2.5% |
Golf | 2 | $810,000 | $20,225 | 2.5% |
Hoffman Estates | 151 | $360,000 | $8,478 | 2.4% |
Tinley Park | 158 | $295,000 | $7,018 | 2.4% |
Lynwood | 18 | $252,500 | $5,951 | 2.4% |
Northlake | 36 | $284,500 | $6,855 | 2.4% |
Midlothian | 44 | $221,500 | $5,334 | 2.4% |
Lyons | 26 | $217,500 | $5,198 | 2.4% |
Riverside | 27 | $537,000 | $13,053 | 2.4% |
Worth | 35 | $225,000 | $5,334 | 2.4% |
Hillside | 18 | $265,500 | $6,341 | 2.4% |
South Barrington | 17 | $825,000 | $18,685 | 2.3% |
Orland Park | 246 | $330,000 | $7,652 | 2.3% |
Blue Island | 40 | $216,500 | $5,037 | 2.3% |
Rolling Meadows | 72 | $307,000 | $6,971 | 2.3% |
Cicero | 101 | $265,000 | $6,086 | 2.3% |
Oak Forest | 80 | $285,000 | $6,666 | 2.3% |
Mount Prospect | 140 | $382,500 | $8,668 | 2.3% |
Brookfield | 50 | $342,500 | $7,911 | 2.3% |
Palos Heights | 47 | $350,000 | $8,008 | 2.3% |
Forest Park | 50 | $295,000 | $6,802 | 2.3% |
Evanston | 165 | $390,500 | $8,838 | 2.3% |
Hanover Park | 35 | $319,000 | $7,202 | 2.3% |
Schaumburg | 220 | $300,000 | $6,641 | 2.2% |
Arlington Heights | 245 | $424,000 | $9,261 | 2.2% |
Franklin Park | 50 | $306,500 | $6,822 | 2.2% |
Harwood Heights | 22 | $322,500 | $7,131 | 2.2% |
Broadview | 17 | $250,000 | $5,599 | 2.2% |
Prospect Heights | 34 | $340,000 | $7,521 | 2.2% |
Wheeling | 86 | $293,500 | $6,366 | 2.2% |
Buffalo Grove | 52 | $333,500 | $7,179 | 2.2% |
Northbrook | 112 | $564,250 | $12,588 | 2.2% |
Streamwood | 130 | $299,500 | $6,655 | 2.2% |
Roselle | 10 | $307,500 | $6,671 | 2.2% |
Lincolnwood | 39 | $460,000 | $10,139 | 2.2% |
Oak Lawn | 185 | $251,000 | $5,593 | 2.2% |
Chicago Ridge | 49 | $213,000 | $4,750 | 2.2% |
Evergreen Park | 59 | $285,000 | $6,216 | 2.2% |
Barrington | 26 | $450,000 | $9,643 | 2.1% |
River Grove | 26 | $345,500 | $7,391 | 2.1% |
Park Ridge | 96 | $535,000 | $11,197 | 2.1% |
Justice | 24 | $283,000 | $5,954 | 2.1% |
Palos Hills | 72 | $225,000 | $4,636 | 2.1% |
La Grange Park | 39 | $439,000 | $9,071 | 2.1% |
Des Plaines | 249 | $302,500 | $6,370 | 2.1% |
Morton Grove | 86 | $410,000 | $8,415 | 2.1% |
Skokie | 149 | $375,000 | $7,854 | 2.1% |
Glenbrook Countryside | 6 | $420,000 | $8,778 | 2.1% |
Hometown | 14 | $197,500 | $4,062 | 2.1% |
Dixmoor | 9 | $103,500 | $2,098 | 2% |
Posen | 11 | $165,000 | $3,279 | 2% |
Melrose Park | 53 | $297,000 | $5,998 | 2% |
Niles | 83 | $350,000 | $7,078 | 2% |
Hickory Hills | 31 | $350,000 | $6,910 | 2% |
Northfield | 22 | $601,750 | $12,291 | 2% |
Elgin | 56 | $308,000 | $6,047 | 2% |
Merrionette Park | 7 | $205,000 | $4,145 | 2% |
Burbank | 72 | $305,000 | $6,082 | 2% |
Stickney | 13 | $290,000 | $5,671 | 2% |
Barrington Hills | 6 | $1,040,000 | $20,217 | 1.9% |
East Hazel Crest | 2 | $275,500 | $5,139 | 1.9% |
Norridge | 48 | $367,250 | $7,074 | 1.9% |
Ford Heights | 3 | $47,000 | $876 | 1.9% |
Sauk Village | 40 | $155,000 | $2,868 | 1.9% |
Willow Springs | 16 | $347,500 | $6,727 | 1.9% |
Palos Park | 25 | $492,000 | $9,297 | 1.9% |
Countryside | 18 | $282,500 | $5,453 | 1.9% |
North Riverside | 17 | $333,500 | $6,211 | 1.9% |
Elk Grove Village | 114 | $364,750 | $7,081 | 1.9% |
Burr Ridge | 20 | $600,000 | $10,637 | 1.8% |
Indian Head Park | 22 | $313,000 | $5,550 | 1.8% |
La Grange Highlands | 6 | $393,500 | $7,171 | 1.8% |
Glenview | 170 | $587,000 | $10,563 | 1.8% |
Wilmette | 80 | $850,500 | $14,950 | 1.8% |
Crestwood | 49 | $187,000 | $3,116 | 1.7% |
Westchester | 70 | $352,250 | $6,124 | 1.7% |
Winnetka | 52 | $1,562,500 | $26,717 | 1.7% |
Kenilworth | 7 | $1,857,500 | $32,282 | 1.7% |
Lemont | 50 | $485,000 | $7,990 | 1.6% |
Western Springs | 44 | $812,500 | $13,047 | 1.6% |
Glencoe | 30 | $1,625,000 | $25,511 | 1.6% |
Deercrest Estates | 3 | $442,000 | $6,989 | 1.6% |
Mission Hills Estates | 4 | $410,000 | $5,538 | 1.4% |
Chicago | 5,811 | $326,000 | $4,195 | 1.3% |
Hinsdale | 10 | $1,330,000 | $17,910 | 1.3% |
Steger | 19 | $162,000 | $2,002 | 1.2% |
Rosemont | 6 | $776,500 | $9,205 | 1.2% |