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West Cook News

Saturday, November 23, 2024

La Grange Park home prices rise in March 2017

Realestate3

The median sale price of a home sold in March 2017 in La Grange Park rose by $100,500 while total sales increased by 35.7%, according to BlockShopper.com.

In March 2017, there were 19 homes sold, with a median sale price of $348,500 - a 40.5% increase over the $248,000 median sale price for the same period of the previous year. There were 14 homes sold in La Grange Park in March 2016.

The median sales tax in La Grange Park for 2017 was $7,513. In 2016, the median sales tax was $6,906. This marks an increase of 8.8%. 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 Park to other Cook County cities with similar median sales prices in March 2017:

CityMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Mission Hills Estates20-$422,500$0-
Park Ridge4142-2.4%$381,000$411,000-7.3%
Glenview6177-20.8%$375,000$399,000-6%
Lincolnwood181428.6%$360,000$311,00015.8%
La Grange211723.5%$350,000$240,00045.8%
La Grange Park191435.7%$348,500$248,00040.5%
Oak Park645516.4%$320,000$190,50068%
Forest River31200%$315,000$140,000125%
Harwood Heights186200%$314,750$209,25050.4%
Barrington13130%$305,000$380,000-19.7%
Palos Park151225%$300,000$269,50011.3%

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