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Friday, April 26, 2024

Oriole Park home prices fall in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Oriole Park, a Chicago neighborhood, fell by $3,000 while total sales decreased by 6.5%, according to BlockShopper.com.

From April through June of 2018, there were 29 homes sold, with a median sale price of $277,000 - a 1.1% decrease over the $280,000 median sale price for the same period of the previous year. There were 31 homes sold in Oriole Park in the second quarter of 2017.

The median sales tax in Oriole Park for the most recent year with available data, 2017, was $4,073.90, approximately 1.5% of the median home sale price for the second quarter of 2018.

The following table compares Oriole 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)
Uptown138166-16.9%$300,000$244,50022.7%
Beverly 83812.5%$292,000$307,000-4.9%
Belmont/Cragin121139-12.9%$290,000$255,00013.7%
North Mayfair1529-48.3%$285,000$310,000-8.1%
Union Ridge251656.3%$280,000$271,0003.3%
Oriole Park2931-6.5%$277,000$280,000-1.1%
McKinley Park25250%$275,000$159,00073%
The Loop2337-37.8%$275,000$320,000-14.1%
Galewood4047-14.9%$273,750$244,00012.2%
Albany Park171201-14.9%$270,000$300,000-10%
Dunning18216212.3%$269,500$255,2505.6%

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