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Sunday, January 19, 2020

West Pullman home prices rise in the first half of 2017

Real Estate

By Local Labs News Service | Jul 14, 2017

Realestate077

The median sale price of a home sold in the first half of 2017 in West Pullman, a Chicago neighborhood, rose by $3,000 while total sales decreased by 2.4%, according to BlockShopper.com.

From January through June of 2017, there were 162 homes sold, with a median sale price of $36,500 - a 9% increase over the $33,500 median sale price for the same period of the previous year. There were 166 homes sold in West Pullman in the first half of 2016.

The median sales tax in West Pullman for 2017 was $1,612. In 2016, the median sales tax was $1,592. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.4%.

The following table compares West Pullman 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)
Burnside
109
117
-6.8%
$63,000
$57,000
10.5%
South Chicago
125
124
0.8%
$60,000
$52,750
13.7%
Back of the Yards
107
102
4.9%
$51,000
$40,000
27.5%
Roseland/Pullman
232
198
17.2%
$48,250
$36,000
34%
West Garfield Park
63
40
57.5%
$47,000
$35,000
34.3%
West Pullman
162
166
-2.4%
$36,500
$33,500
9%
South Deering
73
70
4.3%
$34,000
$25,500
33.3%
West Englewood
103
107
-3.7%
$25,500
$24,000
6.3%
Englewood
219
185
18.4%
$25,500
$25,000
2%
Riverdale/Altgeld Gardens
4
5
-20%
$21,250
$7,000
203.6%
East Chicago Heights
8
7
14.3%
$15,250
$13,000
17.3%

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