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Monday, November 25, 2024

Elk Grove Village (Cook County) home prices fall in May 2019

Realestate2

The median sale price of a home sold in May 2019 in Elk Grove Village in Cook County fell by $30,500 while total sales decreased by 5.7%, according to BlockShopper.com.

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:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Berkeley510-50%$236,000$178,50032.2%
Franklin Park25250%$235,000$225,0004.4%
Harwood Heights111010%$234,000$252,500-7.3%
Elmwood Park30300%$231,000$292,500-21%
Berwyn6567-3%$230,000$218,0005.5%
Elk Grove Village5053-5.7%$227,500$258,000-11.8%
North Riverside610-40%$224,500$228,750-1.9%
Hanover Park23224.5%$223,000$226,000-1.3%
Burbank413613.9%$220,000$181,50021.2%
Schaumburg14412416.1%$219,000$189,50015.6%
Melrose Park2429-17.2%$217,500$217,5000%
* This story only considers sales data for the part of Elk Grove Village that is in Cook County.

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