From January through December of 2017, there were 109 homes sold, with a median sale price of $239,000 - a 9.1% increase over the $219,000 median sale price for the previous year. There were 98 homes sold in North Riverside in 2016.
The median sales tax in North Riverside for 2017 was $4,404. In 2016, the median sales tax was $4,137. This marks an increase of 6.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.
The following table compares North 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) |
---|---|---|---|---|---|---|
Fox Chase Estates | 3 | 2 | 50% | $260,000 | $402,500 | -35.4% |
Palos Heights | 236 | 241 | -2.1% | $251,500 | $236,000 | 6.6% |
Hoffman Estates | 815 | 833 | -2.2% | $249,000 | $229,000 | 8.7% |
Orland Park | 1,127 | 1,096 | 2.8% | $249,000 | $233,000 | 6.9% |
Southmoor | 2 | 4 | -50% | $244,000 | $270,500 | -9.8% |
North Riverside | 109 | 98 | 11.2% | $239,000 | $219,000 | 9.1% |
Elk Grove Village | 542 | 564 | -3.9% | $238,500 | $220,000 | 8.4% |
Palatine | 1,424 | 1,363 | 4.5% | $235,000 | $225,000 | 4.4% |
Westchester | 354 | 356 | -0.6% | $234,000 | $220,250 | 6.2% |
Bartlett | 335 | 310 | 8.1% | $234,000 | $227,000 | 3.1% |
Willow Springs | 123 | 98 | 25.5% | $230,000 | $214,000 | 7.5% |