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Chicago City Wire

Monday, November 25, 2024

Roseland/Pullman home prices rise in February 2017

Realestate4

The median sale price of a home sold in February 2017 in Roseland/Pullman, a Chicago neighborhood, rose by $5,500 while total sales increased by 6.7%, according to BlockShopper.com.

In February 2017, there were 32 homes sold, with a median sale price of $41,500 - a 15.3% increase over the $36,000 median sale price for the same period of the previous year. There were 30 homes sold in Roseland/Pullman in February 2016.

The median sales tax in Roseland/Pullman for 2017 was $1,776. In 2016, the median sales tax was $1,745. This marks an increase of 1.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.3%.

The following table compares Roseland/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)
Burnside1218-33.3%$61,500$92,500-33.5%
Greater Grand Crossing332343.5%$60,000$47,50026.3%
Back of the Yards201717.6%$49,250$28,50072.8%
West Garfield Park125140%$47,500$75,000-36.7%
East Chicago Heights 20-$44,250$0-
Roseland/Pullman32306.7%$41,500$36,00015.3%
South Chicago 2124-12.5%$41,000$26,50054.7%
Washington Heights5366.7%$36,500$37,500-2.7%
Riverdale/Altgeld Gardens110%$35,000$1,5002233.3%
West Englewood1019-47.4%$31,000$25,00024%
South Deering1114-21.4%$25,000$68,750-63.6%

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