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Chicago City Wire

Wednesday, July 23, 2025

Edgebrook home prices fall in 2017

Re 3

The median sale price of a home sold in 2017 in Edgebrook, a Chicago neighborhood, fell by $46,250 while total sales increased by 2.7%, according to BlockShopper.com.

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:

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)
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%
Edgebrook1141112.7%$433,750$480,000-9.6%
Goose Island12611014.5%$425,750$402,5005.8%
Andersonville 189194-2.6%$410,000$488,750-16.1%
Streeterville130156-16.7%$400,000$399,7500.1%
River North391404-3.2%$400,000$400,0000%
Logan Square1,0661,074-0.7%$390,250$372,2504.8%

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