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Thursday, April 25, 2024

Elk Grove Village (Cook County) home prices rise in January 2019

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The median sale price of a home sold in January 2019 in Elk Grove Village in Cook County rose by $42,000 while total sales decreased by 71.8%, according to BlockShopper.com.

In January 2019, there were 29 homes sold, with a median sale price of $232,000 - a 22.1% increase over the $190,000 median sale price for the same period of the previous year. There were 103 homes sold in Elk Grove Village in January 2018.

The median sales tax in Elk Grove Village for the most recent year with available data, 2017, was $5,324, approximately 2.3% of the median home sale price for January 2019.

The following table compares Elk Grove Village to other Cook County cities with similar median sales prices in January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Lincolnwood815-46.7%$247,000$441,500-44.1%
Buffalo Grove221457.1%$242,500$152,50059%
Palatine6081-25.9%$240,250$228,0005.4%
La Grange Park1319-31.6%$235,000$360,000-34.7%
Hoffman Estates3357-42.1%$232,500$220,0005.7%
Elk Grove Village29103-71.8%$232,000$190,00022.1%
Melrose Park1620-20%$230,000$169,00036.1%
Roselle36-50%$224,000$174,75028.2%
Westchester1722-22.7%$223,500$225,000-0.7%
Bartlett1218-33.3%$223,500$183,00022.1%
Forest View21100%$222,500$90,000147.2%
* This story only considers sales data for the part of Elk Grove Village that is in Cook County.

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