From January through December of 2017, there were 391 homes sold, with a median sale price of $400,000. There were 404 homes sold in River North in 2016, and the median sales price for the period was also $400,000.
The median sales tax in River North for 2017 was $5,705. In 2016, the median sales tax was $5,346. This marks an increase of 6.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.
The following table compares River North 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) |
|---|---|---|---|---|---|---|
| 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% |
| Greektown | 35 | 17 | 105.9% | $384,500 | $520,000 | -26.1% |
| Near West Side | 410 | 392 | 4.6% | $378,000 | $339,000 | 11.5% |
| Sauganash | 122 | 143 | -14.7% | $376,000 | $387,000 | -2.8% |
| Avondale | 234 | 289 | -19% | $365,000 | $335,000 | 9% |
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