The median sale price of a home sold in August 2020 in Little Village, a Chicago neighborhood, rose by $165,000 while total sales decreased by 83.9%, according to BlockShopper.com.
In August 2020, there were five homes sold, with a median sale price of $340,000 – a 94.3% increase over the $175,000 median sale price for the same period of the previous year. There were 31 homes sold in Little Village in August 2019.
The median sales tax in Little Village for the most recent year with available data, 2019, was $2,354, approximately 0.7% of the median home sale price for August 2020.
The following table compares Little Village to other Chicago neighborhood with similar median sales prices in August 2020:
| Neighborhood | Aug. 2020 Home Sales | Aug. 2019 Home Sales | % change (Total Home Sales) | Aug. 2020 Median Sales Price | Aug. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Beverly | 18 | 27 | -33.3% | $367,500 | $340,000 | 8.1% |
| Norwood Park | 27 | 28 | -3.6% | $361,000 | $358,750 | 0.6% |
| Galewood | 9 | 13 | -30.8% | $360,000 | $285,000 | 26.3% |
| South Loop | 52 | 72 | -27.8% | $359,250 | $316,500 | 13.5% |
| Jefferson Park | 24 | 37 | -35.1% | $343,750 | $310,000 | 10.9% |
| Little Village | 5 | 31 | -83.9% | $340,000 | $175,000 | 94.3% |
| West Loop | 11 | 11 | 0% | $340,000 | $358,000 | -5% |
| Mayfair | 3 | 9 | -66.7% | $340,000 | $414,000 | -17.9% |
| Portage Park | 48 | 71 | -32.4% | $330,000 | $324,500 | 1.7% |
| Gold Coast | 53 | 68 | -22.1% | $330,000 | $300,500 | 9.8% |
| Edison Park | 22 | 20 | 10% | $329,500 | $281,500 | 17.1% |
