From January through December of 2017, there were 412 homes sold, with a median sale price of $214,000 - a 12.9% increase over the $189,500 median sale price for the previous year. There were 370 homes sold in Bronzeville in 2016.
The median sales tax in Bronzeville for 2017 was $2,777. In 2016, the median sales tax was $2,698. This marks an increase of 2.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.
The following table compares Bronzeville 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) |
---|---|---|---|---|---|---|
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% |
Garfield Ridge | 490 | 454 | 7.9% | $215,000 | $203,500 | 5.7% |
Edgewater | 740 | 705 | 5% | $215,000 | $215,000 | 0% |
Bronzeville | 412 | 370 | 11.4% | $214,000 | $189,500 | 12.9% |
McKinley Park | 98 | 109 | -10.1% | $213,750 | $200,000 | 6.9% |
Archer Heights | 111 | 127 | -12.6% | $208,000 | $180,000 | 15.6% |
Clearing | 263 | 249 | 5.6% | $205,000 | $195,000 | 5.1% |
West Lawn | 325 | 325 | 0% | $185,000 | $170,000 | 8.8% |
Scottsdale | 212 | 206 | 2.9% | $183,500 | $165,000 | 11.2% |