Home prices
The median home price in River Grove is $211,200. This is approximately $62,640 (22%) lower compared to nearby areas.In comparison to the rest of the country it is approximately $6,300 (2%) lower, and it is roughly $46,800 (18%) lower compared to the city of Chicago.
Rents
In River Grove the median monthly rent is $972. This is roughly $76 (7%) lower in comparison to nearby areas.It is about $90 (8%) lower in comparison to the rest of the country, and in comparison to the city of Chicago is approximately $140 (12%) lower.
Nearby places
Elmwood Park
Elmwood Park is River Grove's neighbor to the east. Its real estate prices are a little more expensive. The value of the median home in Elmwood Park is $258,000, which comes out to $46,800 (18%) higher than River Grove. Rents there are a bit more expensive. Elmwood Park's median monthly rent is $1,120, which comes out to $148 (13%) higher than River Grove.
Melrose Park
Melrose Park is River Grove's neighbor to the southwest. Its real estate prices are somewhat less expensive. Melrose Park's median home value is $192,000, which works out to $19,200 (10%) lower than River Grove. The rent there is similar. The median rent in Melrose Park is $995 per month, which works out to $23 (2%) higher than River Grove.
Franklin Park
Franklin Park is River Grove's neighbor to the northwest. Real estate prices there are fairly similar. The median home in Franklin Park is valued at $203,800, which works out to $7,400 (3%) lower than River Grove. Rent there is a little less expensive. Franklin Park's median rent is $881 per month, which works out to $91 (10%) lower than River Grove.
River Forest
River Forest is roughly 2 miles southeast of River Grove. Real estate prices there are significantly more expensive. The median home in River Forest is valued at $596,900, which works out to $385,700 (64%) higher than River Grove. Rent there is a bit more expensive. River Forest's median rent is $1,143 per month, which comes out to $171 (14%) higher than River Grove.
Stone Park
Stone Park is roughly 2 miles southwest of River Grove. The real estate prices there are a lot less expensive. Stone Park's median home cost is $118,500, which works out to $92,700 (78%) lower than River Grove. Its rents are a bit more expensive. The median rent in Stone Park is $1,099 a month, which comes out to $127 (11%) higher than River Grove.
