From January through March of 2017, there were 103 homes sold, with a median sale price of $45,000 - a 26.8% increase over the $35,500 median sale price for the same period of the previous year. There were 89 homes sold in Roseland/Pullman in the first quarter of 2016.
The median sales tax in Roseland/Pullman for 2017 was $1,775.93. In 2016, the median sales tax was $1,744.80. 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 3.9%.
The following table compares Roseland/Pullman to other Chicago neighborhood with similar median sales prices in the first quarter of 2017:
Neighborhood | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Greater Grand Crossing | 97 | 82 | 18.3% | $65,000 | $52,500 | 23.8% |
Burnside | 51 | 58 | -12.1% | $65,000 | $45,500 | 42.9% |
Washington Heights | 13 | 16 | -18.8% | $60,000 | $75,000 | -20% |
South Chicago | 63 | 62 | 1.6% | $52,500 | $37,500 | 40% |
Back of the Yards | 64 | 52 | 23.1% | $49,000 | $33,500 | 46.3% |
Roseland/Pullman | 103 | 89 | 15.7% | $45,000 | $35,500 | 26.8% |
West Garfield Park | 30 | 16 | 87.5% | $42,750 | $35,250 | 21.3% |
West Pullman | 78 | 75 | 4% | $40,000 | $33,000 | 21.2% |
Riverdale/Altgeld Gardens | 1 | 3 | -66.7% | $35,000 | $2,500 | 1300% |
South Deering | 30 | 39 | -23.1% | $29,250 | $26,500 | 10.4% |
Englewood | 90 | 89 | 1.1% | $28,000 | $25,000 | 12% |