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Friday, February 28, 2020

Oriole Park home prices fall in the second quarter of 2018

Real Estate

By Local Labs News Service | Jul 14, 2018

Re 7

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:

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)
Uptown
138
166
-16.9%
$300,000
$244,500
22.7%
Beverly
83
81
2.5%
$292,000
$307,000
-4.9%
Belmont/Cragin
121
139
-12.9%
$290,000
$255,000
13.7%
North Mayfair
15
29
-48.3%
$285,000
$310,000
-8.1%
Union Ridge
25
16
56.3%
$280,000
$271,000
3.3%
Oriole Park
29
31
-6.5%
$277,000
$280,000
-1.1%
McKinley Park
25
25
0%
$275,000
$159,000
73%
The Loop
23
37
-37.8%
$275,000
$320,000
-14.1%
Galewood
40
47
-14.9%
$273,750
$244,000
12.2%
Albany Park
171
201
-14.9%
$270,000
$300,000
-10%
Dunning
182
162
12.3%
$269,500
$255,250
5.6%

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