From July through September of 2017, there were 193 homes sold, with a median sale price of $255,000 - a 6.3% increase over the $240,000 median sale price for the same period of the previous year. There were 178 homes sold in Dunning in the third 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 1.6%.
The following table compares Dunning to other Chicago neighborhood with similar median sales prices in the third quarter of 2017:
| Neighborhood | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Union Ridge | 26 | 25 | 4% | $269,000 | $260,000 | 3.5% |
| Heart of Chicago | 21 | 30 | -30% | $265,000 | $254,500 | 4.1% |
| Uptown | 141 | 162 | -13% | $260,000 | $250,500 | 3.8% |
| Forest Glen | 12 | 23 | -47.8% | $258,000 | $260,000 | -0.8% |
| Humboldt Park | 129 | 165 | -21.8% | $255,000 | $289,000 | -11.8% |
| Dunning | 193 | 178 | 8.4% | $255,000 | $240,000 | 6.3% |
| Boystown | 156 | 135 | 15.6% | $254,000 | $245,000 | 3.7% |
| Hermosa | 51 | 60 | -15% | $250,000 | $214,000 | 16.8% |
| Belmont/Cragin | 124 | 123 | 0.8% | $250,000 | $242,000 | 3.3% |
| Mount Greenwood | 66 | 96 | -31.3% | $240,000 | $214,250 | 12% |
| Tri-Taylor | 13 | 14 | -7.1% | $233,000 | $342,500 | -32% |
Alerts Sign-up