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Chicago City Wire

Monday, June 30, 2025

Irving Park home prices fall in the second half of 2017

Realestate5

The median sale price of a home sold in the second half of 2017 in Irving Park, a Chicago neighborhood, fell by $5,000 while total sales decreased by 5%, according to BlockShopper.com.

From July through December of 2017, there were 209 homes sold, with a median sale price of $335,000 - a 1.5% decrease over the $340,000 median sale price for the same period of the previous year. There were 220 homes sold in Irving Park in the second half of 2016.

The median sales tax in Irving Park for 2017 was $5,632. In 2016, the median sales tax was $5,468. This marks an increase of 3%. 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 Irving Park 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)
Gold Coast470471-0.2%$359,500$400,000-10.1%
Old Town130145-10.3%$345,750$320,0008%
West Loop907618.4%$342,000$336,7501.6%
Mayfair4752-9.6%$340,000$279,00021.9%
Bridgeport20517020.6%$340,000$327,5003.8%
Irving Park 209220-5%$335,000$340,000-1.5%
Norwood Park19416120.5%$333,000$326,0002.1%
Near North191204-6.4%$332,500$320,0003.9%
University Village / Little Italy1161160%$329,000$322,5002%
South Loop 460518-11.2%$325,000$327,250-0.7%
Pilsen6466-3%$322,250$302,5006.5%

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