From January through December of 2017, there were 114 homes sold, with a median sale price of $433,750 - a 9.6% decrease over the $480,000 median sale price for the previous year. There were 111 homes sold in Edgebrook in 2016.
The median sales tax in Edgebrook for 2017 was $7,469. In 2016, the median sales tax was $7,225. This marks an increase of 3.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Edgebrook to other Chicago neighborhood with similar median sales prices in 2017:
Neighborhood | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lincoln Square | 64 | 45 | 42.2% | $490,000 | $514,000 | -4.7% |
West Town | 429 | 441 | -2.7% | $475,000 | $430,000 | 10.5% |
Wrigleyville | 297 | 353 | -15.9% | $467,000 | $450,000 | 3.8% |
River West | 145 | 147 | -1.4% | $447,000 | $400,000 | 11.8% |
Lakeview | 1,566 | 1,490 | 5.1% | $435,000 | $430,000 | 1.2% |
Edgebrook | 114 | 111 | 2.7% | $433,750 | $480,000 | -9.6% |
Goose Island | 126 | 110 | 14.5% | $425,750 | $402,500 | 5.8% |
Andersonville | 189 | 194 | -2.6% | $410,000 | $488,750 | -16.1% |
Streeterville | 130 | 156 | -16.7% | $400,000 | $399,750 | 0.1% |
River North | 391 | 404 | -3.2% | $400,000 | $400,000 | 0% |
Logan Square | 1,066 | 1,074 | -0.7% | $390,250 | $372,250 | 4.8% |