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Chicago City Wire

Tuesday, July 29, 2025

Ashburn home prices rise in the fourth quarter of 2017

Realestate3

The median sale price of a home sold in the fourth quarter of 2017 in Ashburn, a Chicago neighborhood, rose by $13,000 while total sales increased by 11.3%, according to BlockShopper.com.

From October through December of 2017, there were 59 homes sold, with a median sale price of $160,000 - a 8.8% increase over the $147,000 median sale price for the same period of the previous year. There were 53 homes sold in Ashburn in the fourth quarter of 2016.

The median sales tax in Ashburn for 2017 was $2,221.22. In 2016, the median sales tax was $2,222.50. This marks an decrease of 0.1%. 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 Ashburn 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)
Rogers Park13010622.6%$189,500$200,000-5.3%
Scottsdale54540%$185,000$164,00012.8%
East Merrionette Park712-41.7%$175,000$138,25026.6%
Brighton Park5458-6.9%$171,500$166,0003.3%
Chatham56560%$160,000$92,50073%
Ashburn 595311.3%$160,000$147,0008.8%
Chicago Lawn2939-25.6%$159,000$85,00087.1%
Gage Park474211.9%$155,000$133,50016.1%
Morgan Park 57529.6%$152,000$151,0000.7%
Oakland15150%$150,000$107,00040.2%
Little Village795933.9%$145,000$85,00070.6%

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