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Friday, January 24, 2020

Buena Park home prices rise in the first half of 2018

Real Estate

By Local Labs News Service | Jul 14, 2018

Re 5

The median sale price of a home sold in the first half of 2018 in Buena Park, a Chicago neighborhood, rose by $8,750 while total sales decreased by 2.1%, according to BlockShopper.com.

From January through June of 2018, there were 141 homes sold, with a median sale price of $239,000 - a 3.8% increase over the $230,250 median sale price for the same period of the previous year. There were 144 homes sold in Buena Park in the first half of 2017.

The median sales tax in Buena Park for the most recent year with available data, 2017, was $2,778, approximately 1.2% of the median home sale price for the first half of 2018.

The following table compares Buena Park to other Chicago neighborhood with similar median sales prices in the first half of 2018:

Neighborhood
Jan. - June 2018 Home Sales
Jan. - June 2017 Home Sales
% change (Total Home Sales)
Jan. - June 2018 Median Sales Price
Jan. - June 2017 Median Sales Price
% change (Median Sales Price)
Montclare
83
79
5.1%
$257,000
$230,000
11.7%
O'Hare
45
66
-31.8%
$255,000
$279,000
-8.6%
Hermosa
113
103
9.7%
$250,000
$244,000
2.5%
Forest Glen
16
22
-27.3%
$246,250
$177,500
38.7%
McKinley Park
41
47
-12.8%
$245,000
$180,000
36.1%
Buena Park
141
144
-2.1%
$239,000
$230,250
3.8%
Mount Greenwood
108
124
-12.9%
$229,500
$224,500
2.2%
West Rogers Park
326
398
-18.1%
$227,500
$215,000
5.8%
Uptown
304
252
20.6%
$224,750
$245,000
-8.3%
Hyde Park
124
126
-1.6%
$222,500
$213,750
4.1%
Archer Heights
59
47
25.5%
$220,000
$188,000
17%

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