From April through June of 2017, there were 11 homes sold, with a median sale price of $330,000 - a 28.4% increase over the $257,000 median sale price for the same period of the previous year. There were 10 homes sold in Tri-Taylor in the second quarter of 2016.
The median sales tax in Tri-Taylor for 2017 was $6,243.40. In 2016, the median sales tax was $6,100.30. This marks an increase of 2.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.
The following table compares Tri-Taylor to other Chicago neighborhood with similar median sales prices in the second quarter of 2017:
Neighborhood | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Gold Coast | 295 | 279 | 5.7% | $350,000 | $400,000 | -12.5% |
University Village / Little Italy | 55 | 41 | 34.1% | $349,000 | $335,000 | 4.2% |
South Loop | 290 | 283 | 2.5% | $335,000 | $331,000 | 1.2% |
North Park | 46 | 53 | -13.2% | $333,750 | $257,000 | 29.9% |
West Loop | 48 | 60 | -20% | $331,500 | $323,750 | 2.4% |
Tri-Taylor | 11 | 10 | 10% | $330,000 | $257,000 | 28.4% |
Norwood Park | 99 | 96 | 3.1% | $325,000 | $325,000 | 0% |
The Loop | 37 | 38 | -2.6% | $320,000 | $319,250 | 0.2% |
Forest Glen | 15 | 15 | 0% | $320,000 | $218,000 | 46.8% |
Edison Park | 53 | 55 | -3.6% | $320,000 | $322,500 | -0.8% |
Near North | 135 | 124 | 8.9% | $318,000 | $329,000 | -3.3% |