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Chicago City Wire

Monday, July 28, 2025

Uptown 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 Uptown, a Chicago neighborhood, rose by $3,000 while total sales decreased by 11.4%, according to BlockShopper.com.

From July through December of 2017, there were 240 homes sold, with a median sale price of $268,000 - a 1.1% increase over the $265,000 median sale price for the same period of the previous year. There were 271 homes sold in Uptown in the second half of 2016.

The median sales tax in Uptown for 2017 was $3,204. In 2016, the median sales tax was $3,078. This marks an increase of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Uptown 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)
North Mayfair3952-25%$304,000$269,50012.8%
Albany Park297314-5.4%$285,000$275,0003.6%
Jefferson Park2112024.5%$285,000$291,500-2.2%
Beverly 1381297%$282,250$275,0002.6%
Big Oaks534323.3%$280,000$275,0001.8%
Uptown240271-11.4%$268,000$265,0001.1%
O'Hare5661-8.2%$262,500$235,00011.7%
Union Ridge534712.8%$262,000$270,000-3%
Oriole Park62578.8%$259,500$245,0005.9%
Hermosa 113115-1.7%$255,000$229,00011.4%
Belmont/Cragin2252202.3%$255,000$236,2507.9%

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