The median sale price of a home sold in August 2020 in Montclare, a Chicago neighborhood, rose by $20,000 while total sales decreased by 50%, according to BlockShopper.com.
In August 2020, there were seven homes sold, with a median sale price of $278,000 – a 7.8% increase over the $258,000 median sale price for the same period of the previous year. There were 14 homes sold in Montclare in August 2019.
The median sales tax in Montclare for the most recent year with available data, 2019, was $4,006, approximately 1.4% of the median home sale price for August 2020.
The following table compares Montclare 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) |
|---|---|---|---|---|---|---|
| Union Ridge | 6 | 5 | 20% | $308,500 | $285,000 | 8.2% |
| North Mayfair | 2 | 6 | -66.7% | $300,250 | $322,500 | -6.9% |
| Mount Greenwood | 25 | 28 | -10.7% | $291,000 | $248,500 | 17.1% |
| Buena Park | 17 | 22 | -22.7% | $290,000 | $163,250 | 77.6% |
| Bronzeville | 18 | 31 | -41.9% | $287,500 | $235,000 | 22.3% |
| Montclare | 7 | 14 | -50% | $278,000 | $258,000 | 7.8% |
| Kenwood | 10 | 5 | 100% | $276,500 | $280,000 | -1.3% |
| Dunning | 48 | 74 | -35.1% | $273,750 | $257,000 | 6.5% |
| Chicago Lawn | 1 | 12 | -91.7% | $270,000 | $163,750 | 64.9% |
| Hyde Park | 19 | 41 | -53.7% | $270,000 | $270,000 | 0% |
| Humboldt Park | 24 | 33 | -27.3% | $269,000 | $330,000 | -18.5% |
