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North Cook News

Wednesday, November 27, 2024

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

Realestate1

The median sale price of a home sold in June 2019 in Elk Grove Village in Cook County fell by $27,500 while total sales increased by 15.4%, according to BlockShopper.com.

In June 2019, there were 60 homes sold, with a median sale price of $242,500 - a 10.2% decrease over the $270,000 median sale price for the same period of the previous year. There were 52 homes sold in Elk Grove Village in June 2018.

The median sales tax in Elk Grove Village for the most recent year with available data, 2018, was $5,313, approximately 2.2% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Elmwood Park3538-7.9%$255,000$279,750-8.8%
Prospect Heights252119%$253,500$250,0001.4%
Buffalo Grove2547-46.8%$250,000$225,00011.1%
Westchester2949-40.8%$245,000$246,000-0.4%
Hickory Hills1726-34.6%$245,000$202,50021%
Elk Grove Village605215.4%$242,500$270,000-10.2%
Berwyn5867-13.4%$241,000$235,0002.6%
Orland Park115133-13.5%$240,000$240,0000%
Des Plaines120123-2.4%$220,000$238,000-7.6%
Willow Springs12120%$217,500$317,000-31.4%
Countryside38-62.5%$216,000$126,00071.4%
* This story only considers sales data for the part of Elk Grove Village that is in Cook County.

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