In February, 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 0.4%, according to BlockShopper.com.
Data shows that there were 2,885 homes sold in February, with a median sale price of $275,000 – a 12.2% increase over the $245,000 median sale price for the same period of the previous year. There were 2,898 homes sold in Cook County in February 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 February’s median home sale price.
The following histogram displays changes in median sales prices in Cook County from February 2023 to February 2024.
