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West Cook News

Tuesday, April 23, 2024

River Grove home prices rise in June 2019

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The median sale price of a home sold in June 2019 in River Grove rose by $33,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In June 2019, there were 12 homes sold, with a median sale price of $207,000 - a 19.3% increase over the $173,500 median sale price for the same period of the previous year. There were 14 homes sold in River Grove in June 2018.

The median sales tax in River Grove for the most recent year with available data, 2018, was $5,336, approximately 2.6% of the median home sale price for June 2019.

The following table compares River Grove to other Cook County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Rolling Meadows3145-31.1%$212,000$220,000-3.6%
Burbank3540-12.5%$210,000$196,2507%
Schaumburg139171-18.7%$208,500$225,000-7.3%
Stone Park20-$208,500$0-
Melrose Park2035-42.9%$208,500$192,5008.3%
River Grove1214-14.3%$207,000$173,50019.3%
Cicero4447-6.4%$206,500$172,00020.1%
Elgin373215.6%$205,000$202,5001.2%
Berkeley611-45.5%$204,500$217,000-5.8%
Hillside1011-9.1%$204,500$184,50010.8%
Streamwood77107-28%$200,000$191,0004.7%

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