Quantcast

West Cook News

Tuesday, April 16, 2024

Q2 real estate sales report: River Grove

Re 14

Median prices declined in River Grove over last year, and are down 2.7 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 27 homes sold in River Grove for a median price of $165,000. That's 21.1 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, there were no foreclosures in River Grove.

Median property tax for homeowners in River Grove was $5,434.53 in 2017 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

River Grove real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
13
$169,650
-
2010
32
$189,810
11.9%
2011
26
$123,170
-35.1%
2012
28
$114,995
-6.6%
2013
36
$136,620
18.8%
2014
39
$169,600
24.1%
2015
28
$154,760
-8.8%
2016
44
$191,100
23.5%
2017
29
$209,100
9.4%
2018
27
$165,000
-21.1%

Median property tax
Median sale price
Effective property tax rate
2009
$5,593.93
$169,650
3.3%
2010
$4,758.22
$189,810
2.5%
2011
$4,795.27
$123,170
3.9%
2012
$5,437.31
$114,995
4.7%
2013
$4,582.09
$136,620
3.4%
2014
$5,374.21
$169,600
3.2%
2015
$5,649.57
$154,760
3.7%
2016
$4,734.21
$191,100
2.5%
2017
$5,434.52
$209,100
2.6%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS