From January through March of 2018, there were 14 homes sold, with a median sale price of $297,500 - a 60.8% increase over the $185,000 median sale price for the same period of the previous year. There were 25 homes sold in O'Hare in the first quarter of 2017.
The median sales tax in O'Hare for the most recent year with available data, 2017, was $4,045, approximately 1.4% of the median home sale price for the first quarter of 2018.
The following table compares O'Hare to other Chicago neighborhood with similar median sales prices in the first quarter of 2018:
Neighborhood | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Near North | 77 | 83 | -7.2% | $320,000 | $387,000 | -17.3% |
Humboldt Park | 109 | 109 | 0% | $315,000 | $225,000 | 40% |
South Loop | 154 | 179 | -14% | $310,000 | $350,000 | -11.4% |
Sauganash | 33 | 18 | 83.3% | $302,500 | $295,000 | 2.5% |
Portage Park | 148 | 162 | -8.6% | $298,750 | $286,000 | 4.5% |
O'Hare | 14 | 25 | -44% | $297,500 | $185,000 | 60.8% |
University Village / Little Italy | 29 | 25 | 16% | $297,500 | $308,000 | -3.4% |
Mayfair | 18 | 16 | 12.5% | $294,750 | $271,250 | 8.7% |
Big Oaks | 17 | 13 | 30.8% | $293,000 | $290,000 | 1% |
Jefferson Park | 69 | 74 | -6.8% | $288,000 | $265,250 | 8.6% |
Union Ridge | 18 | 15 | 20% | $281,000 | $295,000 | -4.7% |