From October through December of 2019, there were 59 homes sold, with a median sale price of $290,000 - a 14.5% increase over the $253,250 median sale price for the same period of the previous year. There were 42 homes sold in Norridge in the fourth quarter of 2018.
The median sales tax in Norridge for the most recent year with available data, 2018, was $4,845, approximately 1.7% of the median home sale price for the fourth quarter of 2019.
The following table compares Norridge to other Cook County cities with similar median sales prices in the fourth quarter of 2019:
City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Skokie | 187 | 196 | -4.6% | $300,000 | $260,000 | 15.4% |
La Grange Park | 37 | 33 | 12.1% | $300,000 | $325,000 | -7.7% |
Oak Park | 154 | 156 | -1.3% | $297,500 | $285,000 | 4.4% |
Arlington Heights | 229 | 265 | -13.6% | $296,000 | $300,000 | -1.3% |
Morton Grove | 71 | 76 | -6.6% | $290,000 | $292,500 | -0.9% |
Norridge | 59 | 42 | 40.5% | $290,000 | $253,250 | 14.5% |
Niles | 80 | 110 | -27.3% | $287,000 | $275,000 | 4.4% |
Elmwood Park | 84 | 95 | -11.6% | $274,500 | $205,000 | 33.9% |
Palos Heights | 57 | 48 | 18.8% | $270,000 | $261,000 | 3.4% |
Des Plaines | 294 | 273 | 7.7% | $262,500 | $238,000 | 10.3% |
Mount Prospect | 159 | 149 | 6.7% | $260,000 | $284,000 | -8.5% |