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Friday, November 1, 2024

La Grange home prices rise in September 2017

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The median sale price of a home sold in September 2017 in La Grange rose by $81,000 while total sales increased by 33.3%, according to BlockShopper.com.

In September 2017, there were 24 homes sold, with a median sale price of $398,750 - a 25.5% increase over the $317,750 median sale price for the same period of the previous year. There were 18 homes sold in La Grange in September 2016.

The median sales tax in La Grange for 2017 was $9,393. In 2016, the median sales tax was $8,721. This marks an increase of 7.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Wilmette3151-39.2%$515,000$625,000-17.6%
Forest River220%$492,500$290,75069.4%
Burr Ridge10825%$458,500$475,000-3.5%
Northbrook4857-15.8%$456,000$465,000-1.9%
Park Ridge4971-31%$425,000$377,50012.6%
La Grange241833.3%$398,750$317,75025.5%
Glenview5892-37%$390,000$422,500-7.7%
River Forest1418-22.2%$389,500$458,250-15%
Barrington13862.5%$365,000$375,000-2.7%
Countryside49-55.6%$360,250$278,50029.4%
Southmoor10-$360,000$0-

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