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North Cook News

Wednesday, November 27, 2024

Elk Grove Village (Cook County) home prices unchanged in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Elk Grove Village in Cook County was unchanged while total sales decreased by 31.2%, according to BlockShopper.com.

From January through June of 2019, there were 223 homes sold, with a median sale price of $240,000. There were 324 homes sold in Elk Grove Village in the first half of 2018, and the median sales price for the period was also $240,000.

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 first half of 2019.

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

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
North Riverside3542-16.7%$255,000$233,0009.4%
Forest Park143161-11.2%$248,000$215,00015.3%
Westchester147164-10.4%$245,000$239,5002.3%
Hoffman Estates364399-8.8%$241,750$250,000-3.3%
Bartlett143166-13.9%$241,500$228,5005.7%
Elk Grove Village223324-31.2%$240,000$240,0000%
Palatine601681-11.7%$240,000$255,000-5.9%
Countryside38380%$231,500$131,00076.7%
Indian Head Park4853-9.4%$227,500$218,0004.4%
Willow Springs5564-14.1%$225,000$260,750-13.7%
Roselle2933-12.1%$224,000$228,500-2%
* This story only considers sales data for the part of Elk Grove Village that is in Cook County.

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