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Chicago City Wire

Wednesday, November 20, 2024

Wrightwood home prices rise in 2017

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The median sale price of a home sold in 2017 in Wrightwood, a Chicago neighborhood, rose by $31,000 while total sales increased by 26.4%, according to BlockShopper.com.

From January through December of 2017, there were 139 homes sold, with a median sale price of $176,000 - a 21.4% increase over the $145,000 median sale price for the previous year. There were 110 homes sold in Wrightwood in 2016.

The median sales tax in Wrightwood for 2017 was $2,391. In 2016, the median sales tax was $2,385. 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 1.4%.

The following table compares Wrightwood 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)
Archer Heights111127-12.6%$208,000$180,00015.6%
Clearing2632495.6%$205,000$195,0005.1%
West Lawn3253250%$185,000$170,0008.8%
Scottsdale2122062.9%$183,500$165,00011.2%
Rogers Park5705239%$181,500$180,0000.8%
Wrightwood13911026.4%$176,000$145,00021.4%
West Elsdon134174-23%$175,000$165,0006.1%
Forest Glen4555-18.2%$172,000$265,000-35.1%
Brighton Park205233-12%$170,000$150,00013.3%
Ashburn 2252250%$165,000$137,50020%
Morgan Park 2442344.3%$160,500$138,75015.7%

ORGANIZATIONS IN THIS STORY

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