From January through June of 2018, there were 77 homes sold, with a median sale price of $47,000 - a 38.2% increase over the $34,000 median sale price for the same period of the previous year. There were 73 homes sold in South Deering in the first half of 2017.
The median sales tax in South Deering for the most recent year with available data, 2017, was $1,403, approximately 3% of the median home sale price for the first half of 2018.
The following table compares South Deering 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 Garfield Park | 79 | 63 | 25.4% | $78,000 | $47,000 | 66% |
Back of the Yards | 116 | 107 | 8.4% | $72,750 | $51,000 | 42.6% |
Greater Grand Crossing | 249 | 198 | 25.8% | $71,000 | $70,000 | 1.4% |
Burnside | 129 | 109 | 18.3% | $70,500 | $63,000 | 11.9% |
Roseland/Pullman | 310 | 232 | 33.6% | $60,250 | $48,250 | 24.9% |
West Pullman | 211 | 162 | 30.2% | $51,000 | $36,500 | 39.7% |
West Englewood | 143 | 103 | 38.8% | $49,500 | $25,500 | 94.1% |
South Deering | 77 | 73 | 5.5% | $47,000 | $34,000 | 38.2% |
Riverdale/Altgeld Gardens | 2 | 4 | -50% | $46,750 | $21,250 | 120% |
Englewood | 244 | 219 | 11.4% | $42,000 | $25,500 | 64.7% |
East Chicago Heights | 14 | 8 | 75% | $29,500 | $15,250 | 93.4% |