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Chicago City Wire

Friday, September 27, 2024

Hyde Park home prices unchanged in January 2017

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The median sale price of a home sold in January 2017 in Hyde Park, a Chicago neighborhood, was unchanged while total sales decreased by 32%, according to BlockShopper.com.

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:

NeighborhoodJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Clearing292045%$165,000$203,750-19%
Brighton Park1626-38.5%$162,500$122,50032.7%
Gage Park18175.9%$161,250$125,00029%
West Elsdon920-55%$155,000$147,5005.1%
West Lawn2839-28.2%$152,500$165,000-7.6%
Hyde Park1725-32%$150,000$150,0000%
Woodlawn181338.5%$143,250$55,000160.5%
Tri-Taylor12-50%$143,000$429,000-66.7%
Wrightwood10742.9%$122,000$175,000-30.3%
Forest Glen15-80%$120,000$115,0004.3%
West Hometown35-40%$120,000$100,00020%

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