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Saturday, April 20, 2024

La Grange home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in La Grange fell by $65,000 while total sales increased by 24.5%, according to BlockShopper.com.

From January through June of 2018, there were 173 homes sold, with a median sale price of $395,000 - a 14.1% decrease over the $460,000 median sale price for the same period of the previous year. There were 139 homes sold in La Grange in the first half of 2017.

The median sales tax in La Grange for the most recent year with available data, 2017, was $9,393, approximately 2.4% of the median home sale price for the first half of 2018.

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

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Northfield4649-6.1%$447,000$460,000-2.8%
Northbrook278356-21.9%$437,500$451,000-3%
Glenview419446-6.1%$429,000$412,7503.9%
Riverside6794-28.7%$410,000$373,5009.8%
Fox Chase Estates30-$407,000$0-
La Grange17313924.5%$395,000$460,000-14.1%
Park Ridge322333-3.3%$387,500$400,000-3.1%
Barrington6074-18.9%$372,750$417,500-10.7%
Rosemont161060%$364,500$334,5009%
La Grange Highlands2124-12.5%$360,000$292,50023.1%
Oak Park473494-4.3%$351,000$337,5004%

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