Dunning home prices rise in the first quarter of 2017
From January through March of 2017, there were 161 homes sold, with a median sale price of $230,000 - a 7.6% increase over the $213,750 median sale price for the same period of the previous year. There were 124 homes sold in Dunning in the first quarter of 2016.
The median sales tax in Dunning for 2017 was $4,023.57. In 2016, the median sales tax was $3,951.50. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Dunning to other Chicago neighborhood with similar median sales prices in the first quarter of 2017: