In May 2019, there were 44 homes sold, with a median sale price of $177,250 - a 6% increase over the $167,250 median sale price for the same period of the previous year. There were 34 homes sold in Elgin in May 2018.
The median sales tax in Elgin for the most recent year with available data, 2018, was $4,355, approximately 2.5% of the median home sale price for May 2019.
The following table compares Elgin 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) |
---|---|---|---|---|---|---|
Cicero | 44 | 53 | -17% | $189,500 | $164,000 | 15.5% |
Alsip | 20 | 23 | -13% | $187,500 | $185,000 | 1.4% |
Tinley Park | 103 | 111 | -7.2% | $186,500 | $200,000 | -6.8% |
Roselle | 6 | 9 | -33.3% | $184,250 | $295,000 | -37.5% |
Flossmoor | 29 | 14 | 107.1% | $178,000 | $215,750 | -17.5% |
Elgin | 44 | 34 | 29.4% | $177,250 | $167,250 | 6% |
Evergreen Park | 36 | 35 | 2.9% | $176,250 | $212,500 | -17.1% |
Lyons | 12 | 13 | -7.7% | $175,000 | $165,000 | 6.1% |
Oak Lawn | 90 | 129 | -30.2% | $173,500 | $180,000 | -3.6% |
Bedford Park | 1 | 5 | -80% | $170,000 | $208,000 | -18.3% |
Worth | 17 | 18 | -5.6% | $168,000 | $172,500 | -2.6% |