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Chicago City Wire

Monday, November 25, 2024

Edgebrook home prices rise in February 2017

Realestate077

The median sale price of a home sold in February 2017 in Edgebrook, a Chicago neighborhood, rose by $30,500 while total sales decreased by 11.1%, according to BlockShopper.com.

In February 2017, there were eight homes sold, with a median sale price of $487,500 - a 6.7% increase over the $457,000 median sale price for the same period of the previous year. There were nine homes sold in Edgebrook in February 2016.

The median sales tax in Edgebrook for 2017 was $7,469. In 2016, the median sales tax was $7,225. This marks an increase of 3.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Edgebrook to other Chicago neighborhood with similar median sales prices in February 2017:

NeighborhoodFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Roscoe Village 910-10%$685,000$567,25020.8%
Noble Square511-54.5%$625,000$564,00010.8%
Ukrainian Village 161145.5%$544,500$504,5007.9%
Andersonville 89-11.1%$527,500$650,000-18.8%
Wrigleyville812-33.3%$522,500$370,00041.2%
Edgebrook89-11.1%$487,500$457,0006.7%
River West910-10%$483,500$294,00064.5%
West Town1122-50%$480,000$408,00017.6%
Wicker Park1415-6.7%$472,250$520,000-9.2%
Lincoln Park73730%$472,000$575,000-17.9%
Goose Island8560%$458,750$400,00014.7%

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