In June 2017, there were 12 homes sold, with a median sale price of $567,500 - a 26.1% increase over the $450,000 median sale price for the same period of the previous year. There were 10 homes sold in Burr Ridge in June 2016.
The median sales tax in Burr Ridge for 2017 was $9,445. In 2016, the median sales tax was $8,371. This marks an increase of 12.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Burr Ridge to other Cook County cities with similar median sales prices in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glencoe | 27 | 25 | 8% | $920,000 | $1,062,500 | -13.4% |
| Barrington Hills | 4 | 2 | 100% | $847,500 | $707,500 | 19.8% |
| South Barrington | 13 | 6 | 116.7% | $720,000 | $723,750 | -0.5% |
| Inverness | 18 | 11 | 63.6% | $631,500 | $455,000 | 38.8% |
| Wilmette | 72 | 69 | 4.3% | $577,500 | $585,000 | -1.3% |
| Burr Ridge | 12 | 10 | 20% | $567,500 | $450,000 | 26.1% |
| River Forest | 30 | 35 | -14.3% | $527,500 | $650,000 | -18.8% |
| Western Springs | 21 | 32 | -34.4% | $506,000 | $548,500 | -7.7% |
| Equestrian Estates | 2 | 0 | - | $485,000 | $0 | - |
| Glenbrook Countryside | 2 | 1 | 100% | $476,250 | $360,000 | 32.3% |
| Equestrian Woods | 2 | 0 | - | $466,250 | $0 | - |
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