From January through December of 2017, there were 98 homes sold, with a median sale price of $213,750 - a 6.9% increase over the $200,000 median sale price for the previous year. There were 109 homes sold in McKinley Park in 2016.
The median sales tax in McKinley Park for 2017 was $3,762. In 2016, the median sales tax was $3,654. This marks an increase of 3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.
The following table compares McKinley 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) |
|---|---|---|---|---|---|---|
| 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% |
| Rogers Park | 570 | 523 | 9% | $181,500 | $180,000 | 0.8% |
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