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West Cook News

Tuesday, May 7, 2024

La Grange Park home prices rise in May 2017

Realestate1

The median sale price of a home sold in May 2017 in La Grange Park rose by $55,500 while total sales decreased by 13%, according to BlockShopper.com.

In May 2017, there were 20 homes sold, with a median sale price of $382,500 - a 17% increase over the $327,000 median sale price for the same period of the previous year. There were 23 homes sold in La Grange Park in May 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 May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Inverness10825%$475,000$774,500-38.7%
Glenview1118038.8%$422,500$412,5002.4%
Barrington12933.3%$417,500$310,00034.7%
Park Ridge64598.5%$412,500$350,00017.9%
Riverside1419-26.3%$404,500$310,00030.5%
La Grange Park2023-13%$382,500$327,00017%
Lincolnwood151136.4%$355,500$510,000-30.3%
Oak Park90100-10%$341,750$411,500-17%
Evanston1148140.7%$336,250$315,0006.7%
Northbrook West41300%$330,000$345,000-4.3%
Arlington Heights14811528.7%$321,000$317,5001.1%

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