From January through June of 2017, there were four homes sold, with a median sale price of $21,250 - a 203.6% increase over the $7,000 median sale price for the same period of the previous year. There were five homes sold in Riverdale/Altgeld Gardens in the first half of 2016.
The median sales tax in Riverdale/Altgeld Gardens for 2017 was $1,146. In 2016, the median sales tax was $1,066. This marks an increase of 7.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 5.4%.
The following table compares Riverdale/Altgeld Gardens 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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