Quantcast

Chicago City Wire

Thursday, April 25, 2024

West Elsdon home prices rise in the first half of 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:

NeighborhoodJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Bronzeville175224-21.9%$215,000$200,2507.4%
Scottsdale8799-12.1%$200,000$184,0008.7%
Rogers Park242297-18.5%$199,000$173,50014.7%
West Lawn152172-11.6%$189,000$180,0005%
The Loop33265410.8%$185,250$310,000-40.2%
West Elsdon5257-8.8%$184,750$173,0006.8%
Brighton Park1079512.6%$171,000$170,0000.6%
Ashburn 1051050%$167,000$166,0000.6%
Canaryville/Fuller Park3540-12.5%$160,000$141,50013.1%
Oakland3745-17.8%$160,000$110,00045.5%
Morgan Park 14111423.7%$155,000$160,500-3.4%

MORE NEWS