Quantcast

Chicago City Wire

Thursday, July 3, 2025

Washington Park home prices rise in the first half of 2018

Re 4

The median sale price of a home sold in the first half of 2018 in Washington Park, a Chicago neighborhood, rose by $51,000 while total sales increased by 27.8%, according to BlockShopper.com.

From January through June of 2018, there were 46 homes sold, with a median sale price of $132,500 - a 62.6% increase over the $81,500 median sale price for the same period of the previous year. There were 36 homes sold in Washington Park in the first half of 2017.

The median sales tax in Washington Park for the most recent year with available data, 2017, was $2,086, approximately 1.6% of the median home sale price for the first half of 2018.

The following table compares Washington Park 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)
Austin 34730513.8%$137,500$110,00025%
Chatham94124-24.2%$137,000$119,00015.1%
Wrightwood745534.5%$136,000$129,0005.4%
Gage Park998220.7%$135,000$153,500-12.1%
Woodlawn13211712.8%$134,750$155,000-13.1%
Washington Park463627.8%$132,500$81,50062.6%
Marquette Park151174-13.2%$130,000$100,50029.4%
East Merrionette Park13130%$130,000$125,0004%
Hegewisch423810.5%$125,000$125,0000%
Chicago Lawn53498.2%$122,000$100,00022%
Lawndale20017613.6%$120,000$86,50038.7%

MORE NEWS