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Chicago City Wire

Friday, April 19, 2024

Norridge home prices fall in July 2018

Realestate077

The median sale price of a home sold in July 2018 in Norridge fell by $25,000 while total sales increased by 26.7%, according to BlockShopper.com.

In July 2018, there were 19 homes sold, with a median sale price of $285,000 - a 8.1% decrease over the $310,000 median sale price for the same period of the previous year. There were 15 homes sold in Norridge in July 2017.

The median sales tax in Norridge for the most recent year with available data, 2017, was $4,782, approximately 1.7% of the median home sale price for July 2018.

The following table compares Norridge to other Cook County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Palos Park161414.3%$320,500$328,000-2.3%
Morton Grove4349-12.2%$315,000$296,5006.2%
Mount Prospect908111.1%$313,250$318,500-1.6%
Skokie998615.1%$295,000$286,0003.1%
North Riverside612-50%$288,500$258,50011.6%
Norridge191526.7%$285,000$310,000-8.1%
Palos Heights271580%$275,000$288,000-4.5%
Brookfield373215.6%$275,000$223,50023%
Niles484117.1%$267,000$274,500-2.7%
Westchester392934.5%$265,000$237,50011.6%
Orland Park1221156.1%$263,500$246,0007.1%

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