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Chicago City Wire

Thursday, July 31, 2025

East Garfield Park home prices rise in January 2017

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The median sale price of a home sold in January 2017 in East Garfield Park, a Chicago neighborhood, rose by $24,000 while total sales decreased by 35.3%, according to BlockShopper.com.

In January 2017, there were 11 homes sold, with a median sale price of $80,000 - a 42.9% increase over the $56,000 median sale price for the same period of the previous year. There were 17 homes sold in East Garfield Park in January 2016.

The median sales tax in East Garfield Park for 2017 was $3,247. In 2016, the median sales tax was $3,136. This marks an increase of 3.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.1%.

The following table compares East Garfield 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)
Marquette Park29290%$90,000$87,0003.4%
South Chicago 2122-4.5%$89,000$62,00043.5%
Lawndale2031-35.5%$87,250$71,50022%
Calumet Heights 25244.2%$86,500$100,000-13.5%
Gresham3952-25%$84,500$72,00017.4%
East Garfield Park1117-35.3%$80,000$56,00042.9%
Greater Grand Crossing31296.9%$67,000$43,00055.8%
Burnside1618-11.1%$62,500$44,75039.7%
Brainerd2428-14.3%$61,000$87,500-30.3%
Roseland/Pullman352729.6%$54,000$78,000-30.8%
Back of the Yards171070%$48,000$45,5005.5%

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