North Cook News

North Cook News

Sunday, November 17, 2019

Elgin (Cook County) home prices rise in May 2019

Real Estate

By Local Labs News Service | Jun 7, 2019

Realestate5

The median sale price of a home sold in May 2019 in Elgin in Cook County rose by $10,000 while total sales increased by 29.4%, according to BlockShopper.com.

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%
* This story only considers sales data for the part of Elgin that is in Cook County.

Want to get notified whenever we write about Cook County Recorder ?

Sign-up Next time we write about Cook County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Cook County Recorder

More News