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South Cook News

Monday, November 25, 2024

Riverdale home prices rise in February 2018

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The median sale price of a home sold in February 2018 in Riverdale rose by $9,500 while total sales increased by 266.7%, according to BlockShopper.com.

In February 2018, there were 11 homes sold, with a median sale price of $28,000 - a 51.4% increase over the $18,500 median sale price for the same period of the previous year. There were three homes sold in Riverdale in February 2017.

The median sales tax in Riverdale for the most recent year with available data, 2017, was $2,871, approximately 10.3% of the median home sale price for February 2018.

The following table compares Riverdale 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)
Calumet City4347-8.5%$50,000$60,000-16.7%
Park Forest13128.3%$45,000$41,7507.8%
Dixmoor23-33.3%$44,500$45,000-1.1%
South Chicago Heights45-20%$42,500$66,500-36.1%
Steger16-83.3%$42,000$67,250-37.5%
Thornton220%$37,000$37,750-2%
Markham913-30.8%$36,000$30,00020%
Sauk Village1215-20%$33,500$47,500-29.5%
Riverdale113266.7%$28,000$18,50051.4%
Harvey2512108.3%$28,000$32,500-13.8%
Ford Heights20-$23,000$0-

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