In June 2017, there were eight homes sold, with a median sale price of $208,500 - a 15.4% decrease over the $246,500 median sale price for the same period of the previous year. There were 12 homes sold in Indian Head Park in June 2016.
The median sales tax in Indian Head Park for 2017 was $4,498. In 2016, the median sales tax was $4,044. This marks an increase of 11.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.
The following table compares Indian Head Park to other Cook County cities with similar median sales prices in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Des Plaines | 114 | 130 | -12.3% | $226,500 | $217,500 | 4.1% |
| Elk Grove Village | 64 | 63 | 1.6% | $225,000 | $240,000 | -6.3% |
| Forest View | 3 | 0 | - | $217,500 | $0 | - |
| Roselle | 11 | 7 | 57.1% | $212,000 | $210,000 | 1% |
| River Grove | 16 | 12 | 33.3% | $210,000 | $122,500 | 71.4% |
| Indian Head Park | 8 | 12 | -33.3% | $208,500 | $246,500 | -15.4% |
| Orland Hills | 8 | 10 | -20% | $205,000 | $204,250 | 0.4% |
| Flossmoor | 29 | 21 | 38.1% | $205,000 | $125,000 | 64% |
| Hanover Park | 29 | 35 | -17.1% | $203,000 | $179,000 | 13.4% |
| Wheeling | 59 | 55 | 7.3% | $200,000 | $155,000 | 29% |
| Berwyn | 78 | 88 | -11.4% | $200,000 | $198,750 | 0.6% |
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