From January through December of 2017, there were 1,066 homes sold, with a median sale price of $390,250 - a 4.8% increase over the $372,250 median sale price for the previous year. There were 1,074 homes sold in Logan Square in 2016.
The median sales tax in Logan Square for 2017 was $5,430. In 2016, the median sales tax was $5,189. This marks an increase of 4.6%. 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 Logan Square 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) |
---|---|---|---|---|---|---|
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% |
Old Town | 278 | 268 | 3.7% | $355,500 | $328,750 | 8.1% |