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Canaryville/Fuller Park home prices rise in the first half of 2017

Real Estate

By Local Labs News Service | Jul 14, 2017

Re 12

The median sale price of a home sold in the first half of 2017 in Canaryville/Fuller Park, a Chicago neighborhood, rose by $46,750 while total sales decreased by 4.8%, according to BlockShopper.com.

From January through June of 2017, there were 40 homes sold, with a median sale price of $141,500 - a 49.3% increase over the $94,750 median sale price for the same period of the previous year. There were 42 homes sold in Canaryville/Fuller Park in the first half of 2016.

The median sales tax in Canaryville/Fuller Park for 2017 was $3,103. In 2016, the median sales tax was $2,967. This marks an increase of 4.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Canaryville/Fuller Park to other Chicago neighborhood with similar median sales prices in the first half of 2017:

Neighborhood
Jan. - June 2017 Home Sales
Jan. - June 2016 Home Sales
% change (Total Home Sales)
Jan. - June 2017 Median Sales Price
Jan. - June 2016 Median Sales Price
% change (Median Sales Price)
Brighton Park
95
103
-7.8%
$170,000
$140,000
21.4%
Ashburn
105
100
5%
$166,000
$127,250
30.5%
Morgan Park
114
107
6.5%
$160,500
$125,000
28.4%
Woodlawn
117
124
-5.6%
$155,000
$80,500
92.5%
Gage Park
82
85
-3.5%
$153,500
$93,000
65.1%
Canaryville/Fuller Park
40
42
-4.8%
$141,500
$94,750
49.3%
Wrightwood
55
49
12.2%
$129,000
$175,000
-26.3%
Little Village
123
107
15%
$128,000
$85,000
50.6%
Hegewisch
38
59
-35.6%
$125,000
$93,000
34.4%
East Merrionette Park
13
13
0%
$125,000
$100,000
25%
Chatham
124
110
12.7%
$119,000
$81,000
46.9%

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