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South Cook News

Monday, November 25, 2024

Richton Park home prices rise in February 2018

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The median sale price of a home sold in February 2018 in Richton Park rose by $47,500 while total sales decreased by 20%, according to BlockShopper.com.

In February 2018, there were 12 homes sold, with a median sale price of $145,000 - a 48.7% increase over the $97,500 median sale price for the same period of the previous year. There were 15 homes sold in Richton Park in February 2017.

The median sales tax in Richton Park for the most recent year with available data, 2017, was $4,574, approximately 3.2% of the median home sale price for February 2018.

The following table compares Richton Park to other Cook County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Oak Lawn63621.6%$154,000$157,000-1.9%
Hickory Hills13862.5%$150,000$184,000-18.5%
Justice8560%$150,000$163,000-8%
South Holland2238-42.1%$148,500$110,50034.4%
Bridgeview912-25%$145,000$140,0003.6%
Richton Park1215-20%$145,000$97,50048.7%
Summit810-20%$145,000$137,5005.5%
Glenwood413-69.2%$143,500$115,00024.8%
Matteson1820-10%$143,500$97,00047.9%
Northlake1113-15.4%$140,000$142,000-1.4%
Lansing1542-64.3%$135,000$77,50074.2%

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