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Thursday, July 31, 2025

Noble Square home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Noble Square, a Chicago neighborhood, rose by $48,500 while total sales increased by 9.1%, according to BlockShopper.com.

In January 2017, there were 12 homes sold, with a median sale price of $498,500 - a 10.8% increase over the $450,000 median sale price for the same period of the previous year. There were 11 homes sold in Noble Square in January 2016.

The median sales tax in Noble Square for 2017 was $7,702. In 2016, the median sales tax was $7,266. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Noble Square to other Chicago neighborhood with similar median sales prices in January 2017:

NeighborhoodJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Ukrainian Village 1618-11.1%$589,500$466,50026.4%
Lincoln Park97102-4.9%$580,000$509,00013.9%
Bucktown362638.5%$545,750$460,50018.5%
Lincoln Square3250%$537,000$607,000-11.5%
Wrigleyville23230%$535,000$530,0000.9%
Noble Square12119.1%$498,500$450,00010.8%
North Center 1318-27.8%$482,500$494,750-2.5%
Near North252119%$465,000$372,50024.8%
Lakeview 87834.8%$465,000$425,0009.4%
West Town1827-33.3%$461,750$393,00017.5%
Wicker Park211190.9%$450,000$540,000-16.7%

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