Quantcast

Chicago City Wire

Saturday, July 26, 2025

Bucktown home prices fall in 2017

Re 13

The median sale price of a home sold in 2017 in Bucktown, a Chicago neighborhood, fell by $45,000 while total sales increased by 10.3%, according to BlockShopper.com.

From January through December of 2017, there were 515 homes sold, with a median sale price of $505,000 - a 8.2% decrease over the $550,000 median sale price for the previous year. There were 467 homes sold in Bucktown in 2016.

The median sales tax in Bucktown for 2017 was $9,088. In 2016, the median sales tax was $8,652. This marks an increase of 5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Bucktown to other Chicago neighborhood with similar median sales prices in 2017:

NeighborhoodJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Roscoe Village 227267-15%$580,000$525,00010.5%
Wicker Park25922415.6%$555,000$522,7506.2%
Lincoln Park1,5281,643-7%$528,500$487,5008.4%
Ukrainian Village 311374-16.8%$525,000$499,5005.1%
Noble Square18616016.3%$518,500$460,50012.6%
Bucktown51546710.3%$505,000$550,000-8.2%
Lincoln Square644542.2%$490,000$514,000-4.7%
West Town429441-2.7%$475,000$430,00010.5%
Wrigleyville297353-15.9%$467,000$450,0003.8%
River West145147-1.4%$447,000$400,00011.8%
Lakeview 1,5661,4905.1%$435,000$430,0001.2%

MORE NEWS