Categories: Chicago

Cook County Home Prices Rise 7.5% in April 2025 Amid Slower Sales
Home prices in Cook County continued their upward trend in April 2025, reaching a median of
$330,000, according to new data from BlockShopper.com. This figure marks a $23,000 increase
— or 7.5% — compared to April 2024.

Despite the rise in prices, total home sales declined by 5.9% year-over-year. In April 2024,
5,066 homes were sold across the county, while April 2025 saw a total of 4,768 properties
change hands.

Based on the most recent annual tax records, the average property tax bill in Cook County stands
at $6,351, which amounts to 1.9% of April 2025’s median home price.

Nationwide, the housing market continues to show strong valuation growth. The total market

value of U.S. residential properties is projected to surpass $50 trillion in 2024 — nearly five
times the total from the year 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12
months as there are not enough homes being listed to push prices down,”
— Chen Zhao, Head of Economic Research at Redfin.

In Cook County, price trends throughout the past year showed relative stability, with most
months hovering between $316,000 and $335,000. April’s final median price of $330,000
reflects one of the stronger figures in that range.
Brody Englebrecht

Contributor

Published by
Brody Englebrecht

Contributor

1 year ago

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