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Chicago City Wire

Tuesday, April 16, 2024

Bridgeport home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Bridgeport, a Chicago neighborhood, fell by $2,000 while total sales decreased by 15.6%, according to BlockShopper.com.

From January through March of 2018, there were 65 homes sold, with a median sale price of $350,000 - a 0.6% decrease over the $352,000 median sale price for the same period of the previous year. There were 77 homes sold in Bridgeport in the first quarter of 2017.

The median sales tax in Bridgeport for the most recent year with available data, 2017, was $5,097.40, approximately 1.5% of the median home sale price for the first quarter of 2018.

The following table compares Bridgeport to other Chicago neighborhood with similar median sales prices in the first quarter of 2018:

NeighborhoodJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Andersonville 443622.2%$407,500$550,000-25.9%
Old Town63621.6%$405,000$327,50023.7%
Avondale584918.4%$394,500$365,0008.1%
Irving Park 6677-14.3%$388,250$312,00024.4%
Heart of Chicago1120-45%$350,000$232,00050.9%
Bridgeport6577-15.6%$350,000$352,000-0.6%
Near West Side776322.2%$350,000$355,000-1.4%
Gold Coast157172-8.7%$345,000$335,0003%
West Loop1638-57.9%$341,750$315,7508.2%
Edison Park332913.8%$340,000$268,00026.9%
North Mayfair141127.3%$329,750$272,50021%

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