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Chicago City Wire

Monday, November 25, 2024

Canaryville/Fuller Park home prices rise in the first quarter of 2017

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The median sale price of a home sold in the first quarter of 2017 in Canaryville/Fuller Park, a Chicago neighborhood, rose by $60,000 while total sales decreased by 25%, according to BlockShopper.com.

From January through March of 2017, there were 15 homes sold, with a median sale price of $155,000 - a 63.2% increase over the $95,000 median sale price for the same period of the previous year. There were 20 homes sold in Canaryville/Fuller Park in the first quarter of 2016.

The median sales tax in Canaryville/Fuller Park for 2017 was $3,102.80. In 2016, the median sales tax was $2,967.40. This marks an increase of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Canaryville/Fuller Park to other Chicago neighborhood with similar median sales prices in the first quarter of 2017:

NeighborhoodJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Tri-Taylor25-60%$165,500$363,000-54.4%
West Elsdon2345-48.9%$165,000$147,00012.2%
Scottsdale373119.4%$165,000$146,00013%
Hyde Park4055-27.3%$155,500$150,0003.7%
Brighton Park3357-42.1%$155,000$143,0008.4%
Canaryville/Fuller Park1520-25%$155,000$95,00063.2%
Woodlawn5459-8.5%$150,750$78,00093.3%
Gage Park444010%$147,500$120,00022.9%
Morgan Park 52504%$137,500$147,500-6.8%
Hegewisch1527-44.4%$127,000$89,00042.7%
Little Village625414.8%$125,000$91,00037.4%

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