The median sale price of a home sold in May 2021 in River Grove rose by $47,500 while total sales increased by 225%, according to BlockShopper.com.
In May 2021, there were 13 homes sold, with a median sale price of $285,000 – a 20% increase over the $237,500 median sale price for the same period of the previous year. There were four homes sold in River Grove in May 2020.
The median sales tax in River Grove for the most recent year with available data, 2019, was $5,244, approximately 1.8% of the median home sale price for May 2021.
The following table compares River Grove to other Cook County cities with similar median sale prices in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palatine | 163 | 45 | 262.2% | $300,000 | $240,000 | 25% |
| Niles | 46 | 11 | 318.2% | $300,000 | $310,000 | -3.2% |
| Forest Park | 25 | 10 | 150% | $290,000 | $333,500 | -13% |
| Harwood Heights | 13 | 2 | 550% | $290,000 | $232,500 | 24.7% |
| Palos Hills | 22 | 8 | 175% | $289,500 | $170,000 | 70.3% |
| River Grove | 13 | 4 | 225% | $285,000 | $237,500 | 20% |
| Forest River | 2 | 0 | – | $284,000 | $0 | – |
| Elmwood Park | 34 | 14 | 142.9% | $276,500 | $242,500 | 14% |
| Schiller Park | 14 | 6 | 133.3% | $275,000 | $178,500 | 54.1% |
| Hoffman Estates | 72 | 28 | 157.1% | $272,500 | $282,500 | -3.5% |
| Des Plaines | 122 | 47 | 159.6% | $271,500 | $252,000 | 7.7% |
