From January through December of 2017, there were 185 homes sold, with a median sale price of $375,000 - a 1.4% increase over the $370,000 median sale price for the previous year. There were 143 homes sold in Riverside in 2016.
The median sales tax in Riverside for 2017 was $9,563. In 2016, the median sales tax was $9,060. This marks an increase of 5.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.
The following table compares Riverside 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) |
---|---|---|---|---|---|---|
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% |
La Grange Park | 191 | 202 | -5.4% | $345,000 | $312,500 | 10.4% |
Deercrest Estates | 29 | 26 | 11.5% | $340,000 | $375,000 | -9.3% |
Evanston | 1,073 | 1,101 | -2.5% | $340,000 | $319,500 | 6.4% |
Glenbrook Countryside | 16 | 17 | -5.9% | $334,750 | $360,000 | -7% |