From January through December of 2017, there were 535 homes sold, with a median sale price of $255,000 - a 1.2% decrease over the $258,000 median sale price for the previous year. There were 569 homes sold in Humboldt Park in 2016.
The median sales tax in Humboldt Park for 2017 was $3,545. In 2016, the median sales tax was $3,372. This marks an increase of 5.1%. 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 Humboldt Park 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) |
---|---|---|---|---|---|---|
Chinatown | 40 | 35 | 14.3% | $274,000 | $225,000 | 21.8% |
O'Hare | 122 | 120 | 1.7% | $274,000 | $230,000 | 19.1% |
Union Ridge | 84 | 85 | -1.2% | $270,000 | $265,000 | 1.9% |
Heart of Chicago | 89 | 76 | 17.1% | $265,000 | $225,250 | 17.6% |
Oriole Park | 118 | 112 | 5.4% | $260,000 | $234,500 | 10.9% |
Humboldt Park | 535 | 569 | -6% | $255,000 | $258,000 | -1.2% |
Uptown | 492 | 499 | -1.4% | $252,000 | $265,000 | -4.9% |
Hermosa | 216 | 233 | -7.3% | $250,000 | $220,000 | 13.6% |
Belmont/Cragin | 453 | 438 | 3.4% | $250,000 | $225,000 | 11.1% |
Boystown | 639 | 428 | 49.3% | $243,500 | $255,000 | -4.5% |
Dunning | 675 | 643 | 5% | $243,500 | $234,000 | 4.1% |