From January through December of 2017, there were 221 homes sold, with a median sale price of $280,000 - a 7.7% increase over the $260,000 median sale price for the previous year. There were 246 homes sold in Norridge in 2016.
The median sales tax in Norridge for 2017 was $4,782. In 2016, the median sales tax was $4,786. This marks an decrease of 0.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Norridge to other Cook County cities with similar median sales prices in 2017:
City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Palos Park | 146 | 132 | 10.6% | $304,000 | $289,000 | 5.2% |
Morton Grove | 451 | 396 | 13.9% | $300,000 | $271,750 | 10.4% |
Skokie | 934 | 975 | -4.2% | $287,000 | $282,500 | 1.6% |
Mount Prospect | 792 | 808 | -2% | $282,250 | $285,000 | -1% |
Mission Hills Estates | 28 | 27 | 3.7% | $280,000 | $291,000 | -3.8% |
Norridge | 221 | 246 | -10.2% | $280,000 | $260,000 | 7.7% |
Rosemont | 22 | 30 | -26.7% | $273,500 | $272,500 | 0.4% |
Niles | 450 | 431 | 4.4% | $268,250 | $252,000 | 6.4% |
Harwood Heights | 126 | 124 | 1.6% | $265,000 | $250,000 | 6% |
Prospect Heights | 214 | 233 | -8.2% | $261,250 | $245,000 | 6.6% |
Fox Chase Estates | 3 | 2 | 50% | $260,000 | $402,500 | -35.4% |