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Friday, April 26, 2024

La Grange Park home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in La Grange Park fell by $2,000 while total sales decreased by 7%, according to BlockShopper.com.

From January through March of 2018, there were 40 homes sold, with a median sale price of $360,000 - a 0.6% decrease over the $362,000 median sale price for the same period of the previous year. There were 43 homes sold in La Grange Park in the first quarter of 2017.

The median sales tax in La Grange Park for the most recent year with available data, 2017, was $7,513.40, approximately 2.1% of the median home sale price for the first quarter of 2018.

The following table compares La Grange Park to other Cook County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
River Forest3146-32.6%$415,000$365,00013.7%
Northbrook108139-22.3%$397,500$447,500-11.2%
Riverside2036-44.4%$378,500$370,0002.3%
Northfield1422-36.4%$373,750$406,000-7.9%
Park Ridge13011810.2%$372,500$367,2501.4%
La Grange Park4043-7%$360,000$362,000-0.6%
Rosemont9650%$359,000$362,000-0.8%
La Grange564914.3%$346,000$357,000-3.1%
Evanston180202-10.9%$339,875$320,0006.2%
Lincolnwood3745-17.8%$330,000$365,000-9.6%
Barrington2728-3.6%$325,000$402,500-19.3%

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