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Saturday, April 20, 2024

Archer Heights home prices rise in January 2017

Realestate2

The median sale price of a home sold in January 2017 in Archer Heights, a Chicago neighborhood, rose by $2,500 while total sales decreased by 10%, according to BlockShopper.com.

In January 2017, there were nine homes sold, with a median sale price of $180,000 - a 1.4% increase over the $177,500 median sale price for the same period of the previous year. There were 10 homes sold in Archer Heights in January 2016.

The median sales tax in Archer Heights for 2017 was $2,920. In 2016, the median sales tax was $2,856. This marks an increase of 2.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Archer Heights 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)
Morgan Park 191435.7%$185,000$159,50016%
Garfield Ridge37370%$185,000$187,500-1.3%
Galewood67-14.3%$183,750$185,000-0.7%
Scottsdale111010%$180,000$157,50014.3%
West Rogers Park695038%$180,000$157,00014.6%
Archer Heights910-10%$180,000$177,5001.4%
Ashburn 198137.5%$177,000$104,152.5069.9%
Rogers Park3142-26.2%$175,000$130,00034.6%
Oakland7475%$174,000$178,750-2.7%
Canaryville/Fuller Park6520%$169,000$253,000-33.2%
Clearing292045%$165,000$203,750-19%

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