From January through June of 2018, there were two homes sold, with a median sale price of $63,500 - a 20.6% decrease over the $80,000 median sale price for the same period of the previous year. There were six homes sold in Ridgewood in the first half of 2017.
The median sales tax in Ridgewood for the most recent year with available data, 2017, was $1,840, approximately 2.9% of the median home sale price for the first half of 2018.
The following table compares Ridgewood to other Will County cities with similar median sales prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Forest Manor | 3 | 3 | 0% | $143,000 | $259,900 | -45% |
Lakewood Shores | 10 | 6 | 66.7% | $142,450 | $80,634.50 | 76.7% |
Preston Heights | 6 | 14 | -57.1% | $138,500 | $59,500 | 132.8% |
Rockdale | 5 | 11 | -54.5% | $135,200 | $111,650 | 21.1% |
Ingalls Park | 17 | 25 | -32% | $125,000 | $79,000 | 58.2% |
Wolf Creek Island | 2 | 4 | -50% | $110,000 | $173,500 | -36.6% |
Steger | 23 | 29 | -20.7% | $90,550 | $50,000 | 81.1% |
Fairmont | 7 | 12 | -41.7% | $71,000 | $38,000 | 86.8% |
Park Forest | 13 | 30 | -56.7% | $70,000 | $53,862.10 | 30% |
Ridgewood | 2 | 6 | -66.7% | $63,500 | $80,000 | -20.6% |
University Park | 34 | 38 | -10.5% | $56,800 | $59,875.50 | -5.1% |