In August 2023, the median sale price of a home in Cook County rose by $6,000 from the same period in the previous year, while total sales decreased by 12.1%, according to BlockShopper.com.
Data shows that there were 5,744 homes sold in August 2023, with a median sale price of $300,000 – a 2% increase over the $294,000 median sale price for the same period of the previous year. There were 6,531 homes sold in Cook County in August 2022.
For context, the median sales tax in Cook County, based on the latest available data from 2022, was $5,508, which stands at 1.8% of August 2023’s median home sale price.
The following histogram displays changes in median sales prices in Cook County from August 2022 to August 2023.
