From January through June of 2018, there were 141 homes sold, with a median sale price of $155,000 - a 3.4% decrease over the $160,500 median sale price for the same period of the previous year. There were 114 homes sold in Morgan Park in the first half of 2017.
The median sales tax in Morgan Park for the most recent year with available data, 2017, was $2,737, approximately 1.8% of the median home sale price for the first half of 2018.
The following table compares Morgan 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) |
|---|---|---|---|---|---|---|
| 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% |
| East Garfield Park | 114 | 86 | 32.6% | $142,250 | $93,250 | 52.5% |
| Little Village | 123 | 123 | 0% | $142,000 | $128,000 | 10.9% |
| Austin | 347 | 305 | 13.8% | $137,500 | $110,000 | 25% |
| Chatham | 94 | 124 | -24.2% | $137,000 | $119,000 | 15.1% |
| Wrightwood | 74 | 55 | 34.5% | $136,000 | $129,000 | 5.4% |
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