Chicago City Wire

Chicago City Wire

Tuesday, January 28, 2020

Ukrainian Village home prices rise in the second half of 2017

Real Estate

By Local Labs News Service | Jan 14, 2018

Re 11

The median sale price of a home sold in the second half of 2017 in Ukrainian Village, a Chicago neighborhood, rose by $9,000 while total sales decreased by 5.9%, according to BlockShopper.com.

From July through December of 2017, there were 159 homes sold, with a median sale price of $519,000 - a 1.8% increase over the $510,000 median sale price for the same period of the previous year. There were 169 homes sold in Ukrainian Village in the second half of 2016.

The median sales tax in Ukrainian Village for 2017 was $9,046. In 2016, the median sales tax was $8,601. This marks an increase of 5.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.

The following table compares Ukrainian Village to other Chicago neighborhood with similar median sales prices in the second half of 2017:

Neighborhood
July - Dec. 2017 Home Sales
July - Dec. 2016 Home Sales
% change (Total Home Sales)
July - Dec. 2017 Median Sales Price
July - Dec. 2016 Median Sales Price
% change (Median Sales Price)
North Center
157
177
-11.3%
$575,000
$617,500
-6.9%
Lincoln Park
697
909
-23.3%
$540,000
$458,000
17.9%
Roscoe Village
107
139
-23%
$537,500
$525,000
2.4%
Noble Square
94
80
17.5%
$526,000
$465,000
13.1%
Wicker Park
122
129
-5.4%
$522,500
$530,000
-1.4%
Ukrainian Village
159
169
-5.9%
$519,000
$510,000
1.8%
Bucktown
244
259
-5.8%
$512,500
$555,000
-7.7%
Lincoln Square
33
19
73.7%
$490,000
$480,000
2.1%
West Town
216
237
-8.9%
$480,000
$450,000
6.7%
River West
76
72
5.6%
$456,000
$417,250
9.3%
Edgebrook
53
58
-8.6%
$447,000
$502,500
-11%

Want to get notified whenever we write about Cook County Recorder ?

Sign-up Next time we write about Cook County Recorder, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Cook County Recorder

More News