From January through December of 2017, there were 285 homes sold, with a median sale price of $430,000 - a 7.8% increase over the $399,000 median sale price for the previous year. There were 267 homes sold in La Grange in 2016.
The median sales tax in La Grange for 2017 was $9,393. In 2016, the median sales tax was $8,721. This marks an increase of 7.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.
The following table compares La Grange to other Cook County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Burr Ridge | 90 | 106 | -15.1% | $516,000 | $475,000 | 8.6% |
River Forest | 225 | 221 | 1.8% | $493,000 | $450,000 | 9.6% |
Equestrian Estates | 4 | 7 | -42.9% | $485,000 | $593,000 | -18.2% |
Northfield | 124 | 121 | 2.5% | $456,000 | $490,000 | -6.9% |
Northbrook | 726 | 663 | 9.5% | $449,500 | $440,000 | 2.2% |
La Grange | 285 | 267 | 6.7% | $430,000 | $399,000 | 7.8% |
Glenview | 942 | 945 | -0.3% | $412,250 | $425,000 | -3% |
Barrington | 163 | 148 | 10.1% | $405,000 | $366,500 | 10.5% |
Park Ridge | 678 | 708 | -4.2% | $395,000 | $379,000 | 4.2% |
Riverside | 185 | 143 | 29.4% | $375,000 | $370,000 | 1.4% |
Lincolnwood | 179 | 175 | 2.3% | $364,500 | $370,000 | -1.5% |