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Monday, February 24, 2020

Wrightwood home prices rise in the first quarter of 2018

Real Estate

By Local Labs News Service | Apr 14, 2018

Re 6

The median sale price of a home sold in the first quarter of 2018 in Wrightwood, a Chicago neighborhood, rose by $9,500 while total sales increased by 25.8%, according to BlockShopper.com.

From January through March of 2018, there were 39 homes sold, with a median sale price of $122,000 - a 8.4% increase over the $112,500 median sale price for the same period of the previous year. There were 31 homes sold in Wrightwood in the first quarter of 2017.

The median sales tax in Wrightwood for the most recent year with available data, 2017, was $2,390.90, approximately 2% of the median home sale price for the first quarter of 2018.

The following table compares Wrightwood 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)
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%
Marquette Park
65
94
-30.9%
$120,000
$81,250
47.7%
Lawndale
88
85
3.5%
$120,000
$89,000
34.8%
Washington Park
20
17
17.6%
$120,000
$110,000
9.1%
Woodlawn
51
54
-5.6%
$119,000
$150,750
-21.1%
Chicago Lawn
28
25
12%
$118,000
$100,000
18%

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