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North Cook News

Wednesday, November 27, 2024

Elk Grove Village (Cook County) home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Elk Grove Village in Cook County fell by $13,500 while total sales decreased by 4.4%, according to BlockShopper.com.

From April through June of 2019, there were 151 homes sold, with a median sale price of $245,000 - a 5.2% decrease over the $258,500 median sale price for the same period of the previous year. There were 158 homes sold in Elk Grove Village in the second quarter of 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 the second quarter of 2019.

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

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Hoffman Estates219257-14.8%$258,500$265,000-2.5%
Elmwood Park90101-10.9%$255,000$277,500-8.1%
Bartlett93108-13.9%$255,000$237,5007.4%
Westchester94112-16.1%$248,500$244,0001.8%
Forest Park9598-3.1%$248,000$218,50013.5%
Elk Grove Village151158-4.4%$245,000$258,500-5.2%
North Riverside2329-20.7%$240,000$242,500-1%
Hickory Hills5563-12.7%$237,500$225,0005.6%
Berwyn171200-14.5%$230,000$227,5001.1%
Des Plaines318336-5.4%$229,000$226,0001.3%
Countryside1926-26.9%$221,000$151,75045.6%
* This story only considers sales data for the part of Elk Grove Village that is in Cook County.

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