Quantcast

Chicago City Wire

Wednesday, November 20, 2024

Humboldt Park home prices fall in 2017

Re 7

The median sale price of a home sold in 2017 in Humboldt Park, a Chicago neighborhood, fell by $3,000 while total sales decreased by 6%, according to BlockShopper.com.

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:

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)
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%
Dunning6756435%$243,500$234,0004.1%

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