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Chicago City Wire

Sunday, July 27, 2025

Bridgeport home prices rise in 2017

Realestate2

The median sale price of a home sold in 2017 in Bridgeport, a Chicago neighborhood, rose by $35,000 while total sales increased by 24.7%, according to BlockShopper.com.

From January through December of 2017, there were 373 homes sold, with a median sale price of $335,000 - a 11.7% increase over the $300,000 median sale price for the previous year. There were 299 homes sold in Bridgeport in 2016.

The median sales tax in Bridgeport for 2017 was $5,097. In 2016, the median sales tax was $4,860. This marks an increase of 4.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Bridgeport 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)
Old Town2782683.7%$355,500$328,7508.1%
Gold Coast9379281%$352,500$400,000-11.9%
Ravenswood 50237234.9%$350,000$368,750-5.1%
Irving Park 416456-8.8%$338,250$315,0007.4%
Mayfair9499-5.1%$335,000$278,00020.5%
Bridgeport37329924.7%$335,000$300,00011.7%
West Loop1761638%$331,500$320,0003.6%
South Loop 929995-6.6%$331,500$325,0002%
Near North4093963.3%$330,000$331,750-0.5%
University Village / Little Italy1961893.7%$329,000$325,0001.2%
Norwood Park36830321.5%$325,000$325,0000%

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