From January through March of 2018, there were 72 homes sold, with a median sale price of $82,500 - a 57.1% increase over the $52,500 median sale price for the same period of the previous year. There were 63 homes sold in South Chicago in the first quarter of 2017.
The median sales tax in South Chicago for the most recent year with available data, 2017, was $2,258.10, approximately 2.7% of the median home sale price for the first quarter of 2018.
The following table compares South Chicago 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) |
|---|---|---|---|---|---|---|
| Hegewisch | 19 | 15 | 26.7% | $100,000 | $127,000 | -21.3% |
| South Shore | 94 | 93 | 1.1% | $95,250 | $93,000 | 2.4% |
| Washington Heights | 29 | 13 | 123.1% | $90,000 | $60,000 | 50% |
| Brainerd | 78 | 64 | 21.9% | $86,250 | $72,750 | 18.6% |
| Gresham | 160 | 136 | 17.6% | $83,000 | $67,000 | 23.9% |
| South Chicago | 72 | 63 | 14.3% | $82,500 | $52,500 | 57.1% |
| West Hometown | 13 | 8 | 62.5% | $77,000 | $104,000 | -26% |
| Back of the Yards | 59 | 64 | -7.8% | $70,000 | $49,000 | 42.9% |
| Greater Grand Crossing | 110 | 97 | 13.4% | $61,250 | $65,000 | -5.8% |
| Roseland/Pullman | 146 | 103 | 41.7% | $60,250 | $45,000 | 33.9% |
| West Pullman | 105 | 78 | 34.6% | $55,000 | $40,000 | 37.5% |
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