What happened to the median home price in La Grange Park during May 2021?

What happened to the median home price in La Grange Park during May 2021?
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The median sale price of a home sold in May 2021 in La Grange Park fell by $215,500 while total sales increased by 283.3%, according to BlockShopper.com.

In May 2021, there were 23 homes sold, with a median sale price of $337,000 – a 39% decrease over the $552,500 median sale price for the same period of the previous year. There were six homes sold in La Grange Park in May 2020.

The median sales tax in La Grange Park for the most recent year with available data, 2019, was $7,688, approximately 2.3% of the median home sale price for May 2021.

The following table compares La Grange Park to other Cook County cities with similar median sale prices in May 2021:

City May 2021 Home Sales May 2020 Home Sales % change (Total Home Sales) May 2021 Median Sales Price May 2020 Median Sales Price % change (Median Sales Price)
Prospect Heights 19 4 375% $363,000 $157,000 131.2%
Skokie 94 26 261.5% $350,000 $335,000 4.5%
Arlington Heights 171 46 271.7% $345,000 $360,000 -4.2%
Morton Grove 32 19 68.4% $345,000 $347,500 -0.7%
Norridge 24 8 200% $340,000 $382,500 -11.1%
La Grange Park 23 6 283.3% $337,000 $552,500 -39%
Palos Heights 19 11 72.7% $332,000 $322,000 3.1%
Mount Prospect 75 28 167.9% $315,000 $289,250 8.9%
North Riverside 12 1 1100% $312,500 $245,000 27.6%
Roselle 11 1 1000% $310,000 $600,000 -48.3%
Orland Park 91 38 139.5% $305,000 $274,500 11.1%


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