From January through December of 2017, there were 189 homes sold, with a median sale price of $100,000 - a 24.6% increase over the $80,250 median sale price for the previous year. There were 206 homes sold in East Garfield Park in 2016.
The median sales tax in East Garfield Park for 2017 was $3,247. In 2016, the median sales tax was $3,136. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.2%.
The following table compares East Garfield 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) |
|---|---|---|---|---|---|---|
| West Hometown | 58 | 51 | 13.7% | $116,500 | $100,000 | 16.5% |
| Marquette Park | 348 | 295 | 18% | $115,750 | $100,000 | 15.8% |
| Oakland | 75 | 62 | 21% | $115,000 | $108,750 | 5.7% |
| Lawndale | 406 | 363 | 11.8% | $109,750 | $68,000 | 61.4% |
| East Side | 198 | 197 | 0.5% | $107,000 | $80,000 | 33.8% |
| East Garfield Park | 189 | 206 | -8.3% | $100,000 | $80,250 | 24.6% |
| Brainerd | 336 | 328 | 2.4% | $100,000 | $71,250 | 40.4% |
| South Shore | 396 | 386 | 2.6% | $98,500 | $71,750 | 37.3% |
| Washington Park | 84 | 81 | 3.7% | $95,000 | $70,000 | 35.7% |
| Calumet Heights | 387 | 327 | 18.3% | $90,000 | $91,000 | -1.1% |
| Gresham | 574 | 554 | 3.6% | $85,250 | $67,500 | 26.3% |
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