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Thursday, July 10, 2025

Logan Square home prices rise in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Logan Square, a Chicago neighborhood, rose by $30,000 while total sales decreased by 8.7%, according to BlockShopper.com.

From July through December of 2017, there were 524 homes sold, with a median sale price of $400,000 - a 8.1% increase over the $370,000 median sale price for the same period of the previous year. There were 574 homes sold in Logan Square in the second half of 2016.

The median sales tax in Logan Square for 2017 was $5,430. In 2016, the median sales tax was $5,189. This marks an increase of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.

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

NeighborhoodJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Lakeview 722802-10%$435,000$415,0004.8%
Wrigleyville142180-21.1%$433,750$447,500-3.1%
Goose Island5361-13.1%$420,000$420,0000%
River North2082023%$410,000$387,7505.7%
Andersonville 86103-16.5%$403,000$525,000-23.2%
Logan Square524574-8.7%$400,000$370,0008.1%
Streeterville57102-44.1%$400,000$399,5000.1%
Greektown13785.7%$393,500$580,000-32.2%
Sauganash6479-19%$390,000$414,000-5.8%
Near West Side2112033.9%$380,000$353,5007.5%
Ravenswood 2322272.2%$370,750$391,500-5.3%

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