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Monday, November 25, 2024

West Pullman home prices rise in February 2017

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The median sale price of a home sold in February 2017 in West Pullman, a Chicago neighborhood, rose by $13,000 while total sales decreased by 12%, according to BlockShopper.com.

In February 2017, there were 22 homes sold, with a median sale price of $71,500 - a 22.2% increase over the $58,500 median sale price for the same period of the previous year. There were 25 homes sold in West Pullman in February 2016.

The median sales tax in West Pullman for 2017 was $1,612. In 2016, the median sales tax was $1,592. This marks an increase of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares West Pullman 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)
East Side1516-6.3%$94,000$51,00084.3%
Hegewisch35-40%$91,500$46,00098.9%
Calumet Heights 2628-7.1%$88,500$95,000-6.8%
Brainerd221729.4%$81,000$49,00065.3%
West Hometown24-50%$77,000$79,000-2.5%
West Pullman2225-12%$71,500$58,50022.2%
Marquette Park312524%$69,500$115,000-39.6%
South Shore2432-25%$68,500$76,000-9.9%
East Garfield Park1014-28.6%$66,000$70,000-5.7%
Gresham43414.9%$64,000$46,00039.1%
Burnside1218-33.3%$61,500$92,500-33.5%

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