Quantcast

Chicago City Wire

Wednesday, November 20, 2024

Oriole Park home prices rise in 2017

Re 11

The median sale price of a home sold in 2017 in Oriole Park, a Chicago neighborhood, rose by $25,500 while total sales increased by 5.4%, according to BlockShopper.com.

From January through December of 2017, there were 118 homes sold, with a median sale price of $260,000 - a 10.9% increase over the $234,500 median sale price for the previous year. There were 112 homes sold in Oriole Park in 2016.

The median sales tax in Oriole Park for 2017 was $4,074. In 2016, the median sales tax was $4,024. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Oriole Park 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)
Beverly 28223520%$274,500$269,5001.9%
Chinatown403514.3%$274,000$225,00021.8%
O'Hare1221201.7%$274,000$230,00019.1%
Union Ridge8485-1.2%$270,000$265,0001.9%
Heart of Chicago897617.1%$265,000$225,25017.6%
Oriole Park1181125.4%$260,000$234,50010.9%
Humboldt Park 535569-6%$255,000$258,000-1.2%
Uptown492499-1.4%$252,000$265,000-4.9%
Hermosa 216233-7.3%$250,000$220,00013.6%
Belmont/Cragin4534383.4%$250,000$225,00011.1%
Boystown63942849.3%$243,500$255,000-4.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS