Chicago City Wire

Chicago City Wire

Saturday, February 29, 2020

Norridge home prices fall in the fourth quarter of 2018

Real Estate

By Local Labs News Service | Jan 14, 2019

Re 5

The median sale price of a home sold in the fourth quarter of 2018 in Norridge fell by $47,500 while total sales decreased by 52.8%, according to BlockShopper.com.

From October through December of 2018, there were 25 homes sold, with a median sale price of $252,500 - a 15.8% decrease over the $300,000 median sale price for the same period of the previous year. There were 53 homes sold in Norridge in the fourth quarter of 2017.

The median sales tax in Norridge for the most recent year with available data, 2017, was $4,781.60, approximately 1.9% of the median home sale price for the fourth quarter of 2018.

The following table compares Norridge to other Cook County cities with similar median sales prices in the fourth quarter of 2018:

City
Oct. - Dec. 2018 Home Sales
Oct. - Dec. 2017 Home Sales
% change (Total Home Sales)
Oct. - Dec. 2018 Median Sales Price
Oct. - Dec. 2017 Median Sales Price
% change (Median Sales Price)
Indian Head Park
12
35
-65.7%
$269,000
$225,000
19.6%
La Grange Highlands
8
5
60%
$263,750
$410,000
-35.7%
Skokie
138
197
-29.9%
$260,000
$280,000
-7.1%
Bartlett
41
72
-43.1%
$255,000
$247,250
3.1%
Brookfield
55
73
-24.7%
$254,500
$235,000
8.3%
Norridge
25
53
-52.8%
$252,500
$300,000
-15.8%
Forest River
1
2
-50%
$250,000
$260,000
-3.8%
River Forest
26
41
-36.6%
$242,500
$448,000
-45.9%
Hoffman Estates
125
192
-34.9%
$241,000
$253,250
-4.8%
Westchester
58
78
-25.6%
$239,250
$225,750
6%
Harwood Heights
21
30
-30%
$235,000
$271,000
-13.3%

Want to get notified whenever we write about Cook County Recorder ?

Sign-up Next time we write about Cook County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Cook County Recorder

More News