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Chicago City Wire

Tuesday, July 29, 2025

Uptown home prices rise in January 2017

Realestate5

The median sale price of a home sold in January 2017 in Uptown, a Chicago neighborhood, rose by $22,000 while total sales increased by 36%, according to BlockShopper.com.

In January 2017, there were 34 homes sold, with a median sale price of $252,000 - a 9.6% increase over the $230,000 median sale price for the same period of the previous year. There were 25 homes sold in Uptown in January 2016.

The median sales tax in Uptown for 2017 was $3,204. In 2016, the median sales tax was $3,078. This marks an increase of 4.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares Uptown 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)
Kenwood810-20%$270,000$177,50052.1%
Portage Park564914.3%$267,500$255,0004.9%
Chinatown4333.3%$262,500$225,00016.7%
Buena Park221546.7%$261,500$224,00016.7%
North Mayfair511-54.5%$256,000$338,000-24.3%
Uptown342536%$252,000$230,0009.6%
O'Hare47-42.9%$244,500$359,000-31.9%
Dunning564330.2%$240,000$200,00020%
Humboldt Park 3840-5%$240,000$155,50054.3%
Beverly 1719-10.5%$235,000$234,5000.2%
Old Town231735.3%$231,500$356,000-35%

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