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Monday, February 17, 2020

Little Village home prices rise in the first quarter of 2018

Real Estate

By Local Labs News Service | Apr 14, 2018

Realestate4

The median sale price of a home sold in the first quarter of 2018 in Little Village, a Chicago neighborhood, rose by $14,000 while total sales decreased by 14.5%, according to BlockShopper.com.

From January through March of 2018, there were 53 homes sold, with a median sale price of $139,000 - a 11.2% increase over the $125,000 median sale price for the same period of the previous year. There were 62 homes sold in Little Village in the first quarter of 2017.

The median sales tax in Little Village for the most recent year with available data, 2017, was $2,774, approximately 2% of the median home sale price for the first quarter of 2018.

The following table compares Little Village 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)
Lincoln Square
17
10
70%
$168,500
$424,000
-60.3%
Brighton Park
55
33
66.7%
$168,000
$155,000
8.4%
Ashburn
51
47
8.5%
$168,000
$177,000
-5.1%
Canaryville/Fuller Park
11
15
-26.7%
$168,000
$155,000
8.4%
Oriole Park
12
25
-52%
$144,500
$240,000
-39.8%
Little Village
53
62
-14.5%
$139,000
$125,000
11.2%
Austin
162
140
15.7%
$132,250
$105,500
25.4%
East Merrionette Park
7
4
75%
$130,000
$95,500
36.1%
Chatham
57
61
-6.6%
$129,000
$105,500
22.3%
Gage Park
46
44
4.5%
$122,500
$147,500
-16.9%
Wrightwood
39
31
25.8%
$122,000
$112,500
8.4%

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