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West Cook News

Wednesday, November 27, 2024

River Grove home prices rise in March 2018

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The median sale price of a home sold in March 2018 in River Grove rose by $20,000 while total sales decreased by 42.9%, according to BlockShopper.com.

In March 2018, there were eight homes sold, with a median sale price of $232,000 - a 9.4% increase over the $212,000 median sale price for the same period of the previous year. There were 14 homes sold in River Grove in March 2017.

The median sales tax in River Grove for the most recent year with available data, 2017, was $5,351, approximately 2.3% of the median home sale price for March 2018.

The following table compares River Grove to other Cook County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Bridgeview916-43.8%$240,000$200,00020%
Hoffman Estates57570%$240,000$238,0000.8%
Hodgkins10-$236,000$0-
Orland Hills37-57.1%$235,000$210,00011.9%
Elk Grove Village423616.7%$232,750$227,5002.3%
River Grove814-42.9%$232,000$212,0009.4%
Berwyn5872-19.4%$229,500$204,00012.5%
Melrose Park1830-40%$229,500$173,50032.3%
Orland Park8092-13%$226,750$240,000-5.5%
Buffalo Grove1922-13.6%$226,000$208,0008.7%
Prospect Heights171513.3%$222,000$240,000-7.5%

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