In May 2019, there were 50 homes sold, with a median sale price of $227,500 - a 11.8% decrease over the $258,000 median sale price for the same period of the previous year. There were 53 homes sold in Elk Grove Village in May 2018.
The median sales tax in Elk Grove Village for the most recent year with available data, 2018, was $5,313, approximately 2.3% of the median home sale price for May 2019.
The following table compares Elk Grove Village to other Cook County cities with similar median sales prices in May 2019:
City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Berkeley | 5 | 10 | -50% | $236,000 | $178,500 | 32.2% |
Franklin Park | 25 | 25 | 0% | $235,000 | $225,000 | 4.4% |
Harwood Heights | 11 | 10 | 10% | $234,000 | $252,500 | -7.3% |
Elmwood Park | 30 | 30 | 0% | $231,000 | $292,500 | -21% |
Berwyn | 65 | 67 | -3% | $230,000 | $218,000 | 5.5% |
Elk Grove Village | 50 | 53 | -5.7% | $227,500 | $258,000 | -11.8% |
North Riverside | 6 | 10 | -40% | $224,500 | $228,750 | -1.9% |
Hanover Park | 23 | 22 | 4.5% | $223,000 | $226,000 | -1.3% |
Burbank | 41 | 36 | 13.9% | $220,000 | $181,500 | 21.2% |
Schaumburg | 144 | 124 | 16.1% | $219,000 | $189,500 | 15.6% |
Melrose Park | 24 | 29 | -17.2% | $217,500 | $217,500 | 0% |