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Saturday, November 23, 2024

La Grange Highlands home prices rise in March 2017

Realestate1

The median sale price of a home sold in March 2017 in La Grange Highlands rose by $60,000 while total sales increased by 50%, according to BlockShopper.com.

In March 2017, there were six homes sold, with a median sale price of $285,000 - a 26.7% increase over the $225,000 median sale price for the same period of the previous year. There were four homes sold in La Grange Highlands in March 2016.

The median sales tax in La Grange Highlands for 2017 was $5,760. In 2016, the median sales tax was $5,151. This marks an increase of 11.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares La Grange Highlands 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)
Barrington13130%$305,000$380,000-19.7%
Palos Park151225%$300,000$269,50011.3%
Niles353016.7%$287,500$273,7505%
Arlington Heights1147160.6%$285,500$283,0000.9%
Mount Prospect5663-11.1%$285,000$270,0005.6%
La Grange Highlands6450%$285,000$225,00026.7%
Morton Grove30293.4%$281,250$250,00012.5%
Skokie675131.4%$280,000$270,0003.7%
Lemont241833.3%$275,250$293,250-6.1%
Palos Heights1718-5.6%$275,000$222,50023.6%
Evanston795543.6%$275,000$250,00010%

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