From January through December of 2017, there were 45 homes sold, with a median sale price of $172,000 - a 35.1% decrease over the $265,000 median sale price for the previous year. There were 55 homes sold in Forest Glen in 2016.
The median sales tax in Forest Glen for 2017 was $3,540. In 2016, the median sales tax was $3,422. This marks an increase of 3.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Forest Glen 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) |
|---|---|---|---|---|---|---|
| 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% |
| Wrightwood | 139 | 110 | 26.4% | $176,000 | $145,000 | 21.4% |
| West Elsdon | 134 | 174 | -23% | $175,000 | $165,000 | 6.1% |
| Forest Glen | 45 | 55 | -18.2% | $172,000 | $265,000 | -35.1% |
| Brighton Park | 205 | 233 | -12% | $170,000 | $150,000 | 13.3% |
| Ashburn | 225 | 225 | 0% | $165,000 | $137,500 | 20% |
| Morgan Park | 244 | 234 | 4.3% | $160,500 | $138,750 | 15.7% |
| Gage Park | 165 | 184 | -10.3% | $152,000 | $118,500 | 28.3% |
| Woodlawn | 235 | 245 | -4.1% | $146,500 | $90,000 | 62.8% |
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