From January through December of 2017, there were 253 homes sold, with a median sale price of $235,000 - a 11.4% increase over the $211,000 median sale price for the previous year. There were 272 homes sold in Mount Greenwood in 2016.
The median sales tax in Mount Greenwood for 2017 was $3,689. In 2016, the median sales tax was $3,679. This marks an increase of 0.3%. 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 Mount Greenwood 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) |
---|---|---|---|---|---|---|
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% |
Galewood | 160 | 146 | 9.6% | $240,000 | $230,000 | 4.3% |
Mount Greenwood | 253 | 272 | -7% | $235,000 | $211,000 | 11.4% |
Tri-Taylor | 35 | 37 | -5.4% | $232,500 | $290,000 | -19.8% |
Montclare | 169 | 152 | 11.2% | $232,000 | $225,000 | 3.1% |
Buena Park | 268 | 277 | -3.2% | $230,250 | $225,000 | 2.3% |
Hyde Park | 284 | 289 | -1.7% | $225,000 | $188,000 | 19.7% |
West Rogers Park | 810 | 719 | 12.7% | $215,500 | $206,000 | 4.6% |