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South Cook News

Sunday, November 24, 2024

Cook County home prices rose in April 2023 compared to April 2022

Realestate4

In April 2023, the median sale price of a home in Cook County rose by $5,000 from the same period in the previous year, while total sales increased by 392.3%, according to BlockShopper.com.

Data shows that there were 4,731 homes sold in April 2023, with a median sale price of $285,000 - a 1.8% increase over the $280,000 median sale price for the same period of the previous year. There were 961 homes sold in Cook County in April 2022.

For context, the median sales tax in Cook County, based on the latest available data from 2022, was $5,508, which stands at 1.9% of April 2023's median home sale price.

The following histogram displays changes in median sales prices in Cook County from April 2022 to April 2023.

April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023$280,000$280,000$266,500$266,500$274,000$274,000$270,000$270,000$290,000$290,000$489,000$489,000$450,000$450,000$259,500$259,500$265,000$265,000$250,000$250,000$245,000$245,000$262,000$262,000$285,000$285,000

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