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Friday, April 19, 2024

La Grange Highlands home prices fall in the fourth quarter of 2018

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The median sale price of a home sold in the fourth quarter of 2018 in La Grange Highlands fell by $146,250 while total sales increased by 60%, according to BlockShopper.com.

From October through December of 2018, there were eight homes sold, with a median sale price of $263,750 - a 35.7% decrease over the $410,000 median sale price for the same period of the previous year. There were five homes sold in La Grange Highlands in the fourth quarter of 2017.

The median sales tax in La Grange Highlands for the most recent year with available data, 2017, was $5,759.80, approximately 2.2% of the median home sale price for the fourth quarter of 2018.

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

CityOct. - Dec. 2018 Home SalesOct. - Dec. 2017 Home Sales% change (Total Home Sales)Oct. - Dec. 2018 Median Sales PriceOct. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Mount Prospect93181-48.6%$283,000$260,0008.8%
Niles74100-26%$278,500$270,0003.1%
Prospect Heights3846-17.4%$276,500$270,5002.2%
Palos Heights2470-65.7%$270,500$263,0002.9%
Indian Head Park1235-65.7%$269,000$225,00019.6%
La Grange Highlands8560%$263,750$410,000-35.7%
Skokie138197-29.9%$260,000$280,000-7.1%
Bartlett4172-43.1%$255,000$247,2503.1%
Brookfield5573-24.7%$254,500$235,0008.3%
Norridge2553-52.8%$252,500$300,000-15.8%
Forest River12-50%$250,000$260,000-3.8%

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