From January through March of 2018, there were 27 homes sold, with a median sale price of $223,000 - a 31.2% increase over the $170,000 median sale price for the same period of the previous year. There were 20 homes sold in Archer Heights in the first quarter of 2017.
The median sales tax in Archer Heights for the most recent year with available data, 2017, was $2,920.20, approximately 1.3% of the median home sale price for the first quarter of 2018.
The following table compares Archer Heights 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) |
---|---|---|---|---|---|---|
Montclare | 40 | 32 | 25% | $247,500 | $221,000 | 12% |
Tri-Taylor | 5 | 2 | 150% | $240,000 | $165,500 | 45% |
Hermosa | 54 | 50 | 8% | $235,000 | $230,000 | 2.2% |
West Rogers Park | 129 | 193 | -33.2% | $230,000 | $220,500 | 4.3% |
Mount Greenwood | 42 | 45 | -6.7% | $228,000 | $210,000 | 8.6% |
Archer Heights | 27 | 20 | 35% | $223,000 | $170,000 | 31.2% |
McKinley Park | 16 | 22 | -27.3% | $218,500 | $191,000 | 14.4% |
Forest Glen | 6 | 7 | -14.3% | $218,500 | $120,000 | 82.1% |
Bronzeville | 81 | 113 | -28.3% | $215,000 | $183,500 | 17.2% |
Garfield Ridge | 98 | 85 | 15.3% | $210,000 | $193,000 | 8.8% |
Buena Park | 55 | 60 | -8.3% | $206,000 | $234,500 | -12.2% |