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Thursday, July 31, 2025

Pilsen home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Pilsen, a Chicago neighborhood, rose by $82,750 while total sales decreased by 33.3%, according to BlockShopper.com.

In January 2017, there were six homes sold, with a median sale price of $367,750 - a 29% increase over the $285,000 median sale price for the same period of the previous year. There were nine homes sold in Pilsen in January 2016.

The median sales tax in Pilsen for 2017 was $4,594. In 2016, the median sales tax was $4,342. This marks an increase of 5.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.

The following table compares Pilsen 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)
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%
Ravenswood 281855.6%$367,500$346,2506.1%
River West6450%$354,000$365,000-3%
Near West Side18180%$345,000$280,50023%
Logan Square756417.2%$340,000$342,500-0.7%
Irving Park 2936-19.4%$337,000$279,50020.6%

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