From January through December of 2017, there were 158 homes sold, with a median sale price of $192,000 - a 25.5% increase over the $153,000 median sale price for the previous year. There were 147 homes sold in River Grove in 2016.
The median sales tax in River Grove for 2017 was $5,351. In 2016, the median sales tax was $5,160. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.
The following table compares River Grove 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) |
|---|---|---|---|---|---|---|
| Rolling Meadows | 397 | 395 | 0.5% | $211,000 | $200,000 | 5.5% |
| Berwyn | 749 | 739 | 1.4% | $202,000 | $186,000 | 8.6% |
| Hickory Hills | 167 | 180 | -7.2% | $200,000 | $193,500 | 3.4% |
| Orland Hills | 102 | 87 | 17.2% | $197,000 | $199,000 | -1% |
| Flossmoor | 229 | 198 | 15.7% | $196,000 | $166,000 | 18.1% |
| River Grove | 158 | 147 | 7.5% | $192,000 | $153,000 | 25.5% |
| Schaumburg | 1,460 | 1,288 | 13.4% | $190,000 | $180,750 | 5.1% |
| Forest View | 14 | 11 | 27.3% | $190,000 | $159,000 | 19.5% |
| Olympia Fields | 94 | 104 | -9.6% | $187,750 | $161,500 | 16.3% |
| Schiller Park | 121 | 148 | -18.2% | $185,000 | $179,000 | 3.4% |
| Franklin Park | 285 | 259 | 10% | $185,000 | $173,000 | 6.9% |
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