In March 2020, there were seven homes sold, with a median sale price of $160,000 - a 20.6% decrease over the $201,500 median sale price for the same period of the previous year. There were nine homes sold in River Grove in March 2019.
The median sales tax in River Grove for the most recent year with available data, 2018, was $5,336, approximately 3.3% of the median home sale price for March 2020.
The following table compares River Grove to other Cook County cities with similar median sales prices in March 2020:
City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lyons | 13 | 5 | 160% | $177,000 | $170,000 | 4.1% |
Merrionette Park | 1 | 4 | -75% | $168,500 | $96,000 | 75.5% |
Evergreen Park | 10 | 25 | -60% | $164,250 | $202,000 | -18.7% |
Kenilworth | 1 | 2 | -50% | $161,250 | $1,441,250 | -88.8% |
Hometown | 3 | 6 | -50% | $160,000 | $80,500 | 98.8% |
River Grove | 7 | 9 | -22.2% | $160,000 | $201,500 | -20.6% |
South Holland | 20 | 28 | -28.6% | $157,000 | $138,500 | 13.4% |
Burnham | 1 | 5 | -80% | $154,000 | $65,000 | 136.9% |
South Chicago Heights | 3 | 2 | 50% | $154,000 | $107,500 | 43.3% |
Chicago Heights | 11 | 22 | -50% | $153,500 | $104,500 | 46.9% |
Hillside | 5 | 10 | -50% | $150,000 | $189,500 | -20.8% |