Chicago City Wire

Chicago City Wire

Sunday, February 23, 2020

Old Town home prices fall in the second quarter of 2018

Real Estate

By Local Labs News Service | Jul 14, 2018

Re 3

The median sale price of a home sold in the second quarter of 2018 in Old Town, a Chicago neighborhood, fell by $58,000 while total sales remained unchanged with 86 homes sold, according to BlockShopper.com.

From April through June of 2018, there were 86 homes sold, with a median sale price of $320,750 - a 15.3% decrease over the $378,750 median sale price for the same period of the previous year. There were 86 homes sold in Old Town in the second quarter of 2017, as well.

The median sales tax in Old Town for the most recent year with available data, 2017, was $4,622.70, approximately 1.4% of the median home sale price for the second quarter of 2018.

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

Neighborhood
Apr. - June 2018 Home Sales
Apr. - June 2017 Home Sales
% change (Total Home Sales)
Apr. - June 2018 Median Sales Price
Apr. - June 2017 Median Sales Price
% change (Median Sales Price)
Jefferson Park
108
108
0%
$342,500
$315,000
8.7%
Edison Park
63
53
18.9%
$340,000
$320,000
6.3%
Humboldt Park
170
177
-4%
$330,000
$285,000
15.8%
South Loop
255
290
-12.1%
$325,000
$335,000
-3%
Near North
133
135
-1.5%
$322,000
$318,000
1.3%
Old Town
86
86
0%
$320,750
$378,750
-15.3%
Portage Park
211
228
-7.5%
$320,000
$310,000
3.2%
Mayfair
28
31
-9.7%
$317,000
$352,000
-9.9%
Kenwood
31
39
-20.5%
$316,000
$276,000
14.5%
Big Oaks
22
31
-29%
$315,000
$280,000
12.5%
Norwood Park
94
99
-5.1%
$315,000
$325,000
-3.1%

Want to get notified whenever we write about Cook County Recorder ?

Sign-up Next time we write about Cook County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Cook County Recorder

More News