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Saturday, April 20, 2024

Humboldt Park home prices rise in the second quarter of 2018

Realestate2

The median sale price of a home sold in the second quarter of 2018 in Humboldt Park, a Chicago neighborhood, rose by $45,000 while total sales decreased by 4%, according to BlockShopper.com.

From April through June of 2018, there were 170 homes sold, with a median sale price of $330,000 - a 15.8% increase over the $285,000 median sale price for the same period of the previous year. There were 177 homes sold in Humboldt Park in the second quarter of 2017.

The median sales tax in Humboldt Park for the most recent year with available data, 2017, was $3,545.20, approximately 1.1% of the median home sale price for the second quarter of 2018.

The following table compares Humboldt Park to other Chicago neighborhood with similar median sales prices in the second quarter of 2018:

NeighborhoodApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
North Park534615.2%$350,000$333,7504.9%
University Village / Little Italy56551.8%$350,000$349,0000.3%
Bridgeport8991-2.2%$343,000$305,00012.5%
Jefferson Park1081080%$342,500$315,0008.7%
Edison Park635318.9%$340,000$320,0006.3%
Humboldt Park 170177-4%$330,000$285,00015.8%
South Loop 255290-12.1%$325,000$335,000-3%
Near North133135-1.5%$322,000$318,0001.3%
Old Town86860%$320,750$378,750-15.3%
Portage Park211228-7.5%$320,000$310,0003.2%
Mayfair2831-9.7%$317,000$352,000-9.9%

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