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Saturday, November 2, 2024

North Riverside home prices rise in January 2018

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The median sale price of a home sold in January 2018 in North Riverside rose by $23,250 while total sales increased by 75%, according to BlockShopper.com.

In January 2018, there were seven homes sold, with a median sale price of $220,000 - a 11.8% increase over the $196,750 median sale price for the same period of the previous year. There were four homes sold in North Riverside in January 2017.

The median sales tax in North Riverside for the most recent year with available data, 2017, was $4,404, approximately 2% of the median home sale price for January 2018.

The following table compares North Riverside to other Cook County cities with similar median sales prices in January 2018:

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Brookfield1526-42.3%$235,000$222,7505.5%
Palos Heights171154.5%$230,000$215,0007%
Palatine8183-2.4%$228,000$215,0006%
Westchester2229-24.1%$225,000$230,000-2.2%
Orland Park756711.9%$225,000$200,00012.5%
North Riverside7475%$220,000$196,75011.8%
Hoffman Estates57561.8%$220,000$224,500-2%
Flossmoor1223-47.8%$218,500$190,00015%
East Hazel Crest10-$217,500$0-
Elmwood Park402190.5%$217,500$193,50012.4%
Hickory Hills1719-10.5%$215,000$185,00016.2%

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