In January 2017, there were four homes sold, with a median sale price of $113,000 - a 32.9% increase over the $85,000 median sale price for the same period of the previous year. There were seven homes sold in Washington Heights in January 2016.
The median sales tax in Washington Heights for 2017 was $1,800. In 2016, the median sales tax was $1,800, as well. 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 Washington Heights 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) |
|---|---|---|---|---|---|---|
| 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% |
| Washington Heights | 4 | 7 | -42.9% | $113,000 | $85,000 | 32.9% |
| Little Village | 24 | 20 | 20% | $112,500 | $115,750 | -2.8% |
| Chatham | 14 | 21 | -33.3% | $106,250 | $147,500 | -28% |
| Hegewisch | 3 | 6 | -50% | $105,000 | $79,500 | 32.1% |
| East Merrionette Park | 2 | 2 | 0% | $102,250 | $100,000 | 2.3% |
| East Side | 22 | 17 | 29.4% | $101,500 | $80,000 | 26.9% |
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