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Friday, April 26, 2024

Oriole Park 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 Oriole Park, a Chicago neighborhood, fell by $95,500 while total sales decreased by 52%, according to BlockShopper.com.

From January through March of 2018, there were 12 homes sold, with a median sale price of $144,500 - a 39.8% decrease over the $240,000 median sale price for the same period of the previous year. There were 25 homes sold in Oriole Park in the first quarter of 2017.

The median sales tax in Oriole Park for the most recent year with available data, 2017, was $4,073.90, approximately 2.8% of the median home sale price for the first quarter of 2018.

The following table compares Oriole Park 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)
West Elsdon1923-17.4%$172,000$165,0004.2%
Lincoln Square171070%$168,500$424,000-60.3%
Brighton Park553366.7%$168,000$155,0008.4%
Ashburn 51478.5%$168,000$177,000-5.1%
Canaryville/Fuller Park1115-26.7%$168,000$155,0008.4%
Oriole Park1225-52%$144,500$240,000-39.8%
Little Village5362-14.5%$139,000$125,00011.2%
Austin 16214015.7%$132,250$105,50025.4%
East Merrionette Park7475%$130,000$95,50036.1%
Chatham5761-6.6%$129,000$105,50022.3%
Gage Park46444.5%$122,500$147,500-16.9%

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