From October through December of 2017, there were nine homes sold, with a median sale price of $225,000 - a 27.5% decrease over the $310,500 median sale price for the same period of the previous year. There were eight homes sold in Tri-Taylor in the fourth 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 2.8%.
The following table compares Tri-Taylor to other Chicago neighborhood with similar median sales prices in the fourth quarter of 2017:
Neighborhood | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Mount Greenwood | 63 | 61 | 3.3% | $240,000 | $206,000 | 16.5% |
Montclare | 43 | 47 | -8.5% | $240,000 | $244,000 | -1.6% |
Union Ridge | 27 | 22 | 22.7% | $240,000 | $281,000 | -14.6% |
Humboldt Park | 120 | 126 | -4.8% | $237,500 | $269,000 | -11.7% |
West Rogers Park | 196 | 154 | 27.3% | $225,000 | $191,500 | 17.5% |
Tri-Taylor | 9 | 8 | 12.5% | $225,000 | $310,500 | -27.5% |
Garfield Ridge | 126 | 123 | 2.4% | $225,000 | $215,000 | 4.7% |
O'Hare | 26 | 29 | -10.3% | $225,000 | $210,000 | 7.1% |
Hyde Park | 53 | 54 | -1.9% | $225,000 | $167,500 | 34.3% |
Bronzeville | 89 | 90 | -1.1% | $219,000 | $206,250 | 6.2% |
Clearing | 67 | 60 | 11.7% | $209,000 | $185,000 | 13% |