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Thursday, April 18, 2024

Goose Island home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Goose Island, a Chicago neighborhood, rose by $38,250 while total sales decreased by 30%, according to BlockShopper.com.

In January 2017, there were seven homes sold, with a median sale price of $442,000 - a 9.5% increase over the $403,750 median sale price for the same period of the previous year. There were 10 homes sold in Goose Island in January 2016.

The median sales tax in Goose Island for 2017 was $6,039. In 2016, the median sales tax was $5,738. This marks an increase of 5.2%. 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 Goose Island 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)
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%
Goose Island710-30%$442,000$403,7509.5%
Avondale15147.1%$407,000$291,00039.9%
Heart of Chicago9812.5%$385,000$264,50045.6%
Bridgeport312810.7%$375,000$296,50026.5%
Sauganash770%$369,000$286,50028.8%
Pilsen69-33.3%$367,750$285,00029%

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