In January 2017, there were 17 homes sold, with a median sale price of $150,000. There were 25 homes sold in Hyde Park in January 2016, and the median sales price for the period was also $150,000.
The median sales tax in Hyde Park for 2017 was $3,185. In 2016, the median sales tax was $3,106. This marks an increase of 2.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.1%.
The following table compares Hyde Park to other Chicago neighborhood with similar median sales prices in January 2017:
Neighborhood | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Clearing | 29 | 20 | 45% | $165,000 | $203,750 | -19% |
Brighton Park | 16 | 26 | -38.5% | $162,500 | $122,500 | 32.7% |
Gage Park | 18 | 17 | 5.9% | $161,250 | $125,000 | 29% |
West Elsdon | 9 | 20 | -55% | $155,000 | $147,500 | 5.1% |
West Lawn | 28 | 39 | -28.2% | $152,500 | $165,000 | -7.6% |
Hyde Park | 17 | 25 | -32% | $150,000 | $150,000 | 0% |
Woodlawn | 18 | 13 | 38.5% | $143,250 | $55,000 | 160.5% |
Tri-Taylor | 1 | 2 | -50% | $143,000 | $429,000 | -66.7% |
Wrightwood | 10 | 7 | 42.9% | $122,000 | $175,000 | -30.3% |
Forest Glen | 1 | 5 | -80% | $120,000 | $115,000 | 4.3% |
West Hometown | 3 | 5 | -40% | $120,000 | $100,000 | 20% |