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Sunday, July 27, 2025

Goose Island home prices fall in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Goose Island, a Chicago neighborhood, fell by $25,000 while total sales decreased by 40%, according to BlockShopper.com.

From October through December of 2017, there were 15 homes sold, with a median sale price of $420,000 - a 5.6% decrease over the $445,000 median sale price for the same period of the previous year. There were 25 homes sold in Goose Island in the fourth quarter of 2016.

The median sales tax in Goose Island for 2017 was $6,038.77. In 2016, the median sales tax was $5,737.70. This marks an increase of 5.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

The following table compares Goose Island to other Chicago neighborhood with similar median sales prices in the fourth quarter of 2017:

NeighborhoodOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Ukrainian Village 4763-25.4%$505,000$495,0002%
Bucktown1198540%$505,000$540,000-6.5%
West Town9597-2.1%$492,000$419,00017.4%
Edgebrook211910.5%$460,000$480,000-4.2%
Lakeview 3032885.2%$453,500$439,5003.2%
Goose Island1525-40%$420,000$445,000-5.6%
River North93876.9%$415,500$365,00013.8%
Lincoln Square12119.1%$406,250$461,000-11.9%
Sauganash2941-29.3%$405,000$400,0001.3%
Streeterville2341-43.9%$400,000$415,000-3.6%
Logan Square2472470%$400,000$365,0009.6%

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