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West Cook News

Wednesday, November 27, 2024

River Grove home prices fall in July 2019

Realestate2

The median sale price of a home sold in July 2019 in River Grove fell by $10,500 while total sales increased by 60%, according to BlockShopper.com.

In July 2019, there were 16 homes sold, with a median sale price of $211,500 - a 4.7% decrease over the $222,000 median sale price for the same period of the previous year. There were 10 homes sold in River Grove in July 2018.

The median sales tax in River Grove for the most recent year with available data, 2018, was $5,336, approximately 2.5% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Schaumburg149154-3.2%$215,000$199,0008%
Stickney610-40%$214,500$195,00010%
Melrose Park2034-41.2%$214,000$189,75012.8%
Streamwood5587-36.8%$213,000$192,00010.9%
Justice1215-20%$212,750$190,00012%
River Grove161060%$211,500$222,000-4.7%
Evergreen Park423327.3%$205,250$182,50012.5%
Tinley Park85107-20.6%$205,000$205,0000%
Roselle10100%$202,750$243,750-16.8%
Cicero574818.8%$200,000$172,50015.9%
Hickory Hills2026-23.1%$200,000$228,500-12.5%

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