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Saturday, November 23, 2024

La Grange Park home prices rise in April 2017

Realestate2

The median sale price of a home sold in April 2017 in La Grange Park rose by $41,500 while total sales decreased by 21.1%, according to BlockShopper.com.

In April 2017, there were 15 homes sold, with a median sale price of $376,000 - a 12.4% increase over the $334,500 median sale price for the same period of the previous year. There were 19 homes sold in La Grange Park in April 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%.

The following table compares La Grange Park to other Cook County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Park Ridge635221.2%$420,000$385,0009.1%
Northbrook624440.9%$418,750$425,000-1.5%
Burr Ridge511-54.5%$413,000$399,5003.4%
Glenview726216.1%$412,500$372,75010.7%
Countryside7616.7%$395,000$172,250129.3%
La Grange Park1519-21.1%$376,000$334,50012.4%
Northbrook West21100%$345,000$1,010,000-65.8%
Lemont16160%$342,500$333,7502.6%
Riverside199111.1%$333,000$370,000-10%
Willow Springs105100%$325,000$95,000242.1%
Oak Park8490-6.7%$323,750$315,2502.7%

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