In November 2023, the median sale price of a home in Cook County rose by $20,500 from the same period in the previous year, while total sales decreased by 11.5%, according to BlockShopper.com.
Data shows that there were 4,020 homes sold in November 2023, with a median sale price of $280,000 - a 7.9% increase over the $259,500 median sale price for the same period of the previous year. There were 4,542 homes sold in Cook County in November 2022.
For context, the median sales tax in Cook County, based on the latest available data from 2022, was $5,508, which stands at 2% of November 2023's median home sale price.
The following histogram displays changes in median sales prices in Cook County from November 2022 to November 2023.