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Tuesday, January 21, 2020

West Elsdon 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 West Elsdon, a Chicago neighborhood, rose by $11,750 while total sales decreased by 8.8%, according to BlockShopper.com.

From January through June of 2018, there were 52 homes sold, with a median sale price of $184,750 - a 6.8% increase over the $173,000 median sale price for the same period of the previous year. There were 57 homes sold in West Elsdon in the first half of 2017.

The median sales tax in West Elsdon for the most recent year with available data, 2017, was $2,601, approximately 1.4% of the median home sale price for the first half of 2018.

The following table compares West Elsdon 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)
Bronzeville
175
224
-21.9%
$215,000
$200,250
7.4%
Scottsdale
87
99
-12.1%
$200,000
$184,000
8.7%
Rogers Park
242
297
-18.5%
$199,000
$173,500
14.7%
West Lawn
152
172
-11.6%
$189,000
$180,000
5%
The Loop
332
65
410.8%
$185,250
$310,000
-40.2%
West Elsdon
52
57
-8.8%
$184,750
$173,000
6.8%
Brighton Park
107
95
12.6%
$171,000
$170,000
0.6%
Ashburn
105
105
0%
$167,000
$166,000
0.6%
Canaryville/Fuller Park
35
40
-12.5%
$160,000
$141,500
13.1%
Oakland
37
45
-17.8%
$160,000
$110,000
45.5%
Morgan Park
141
114
23.7%
$155,000
$160,500
-3.4%

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