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South Cook News

Monday, November 25, 2024

Chicago Ridge home prices rise in February 2018

Realestate5

The median sale price of a home sold in February 2018 in Chicago Ridge rose by $16,500 while total sales decreased by 27.8%, according to BlockShopper.com.

In February 2018, there were 13 homes sold, with a median sale price of $115,000 - a 16.8% increase over the $98,500 median sale price for the same period of the previous year. There were 18 homes sold in Chicago Ridge in February 2017.

The median sales tax in Chicago Ridge for the most recent year with available data, 2017, was $3,147, approximately 2.7% of the median home sale price for February 2018.

The following table compares Chicago Ridge 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)
Blue Island1117-35.3%$130,000$60,500114.9%
River Grove913-30.8%$125,000$175,000-28.6%
Merrionette Park110%$122,000$145,000-15.9%
Indian Head Park34-25%$121,500$303,000-59.9%
Maywood16160%$115,500$94,50022.2%
Chicago Ridge1318-27.8%$115,000$98,50016.8%
Country Club Hills321877.8%$111,925$71,00057.6%
Posen56-16.7%$111,500$113,500-1.8%
Crestwood1517-11.8%$99,000$102,000-2.9%
Elmhurst110%$95,500$239,000-60%
Midlothian15966.7%$86,500$120,000-27.9%

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