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Chicago City Wire

Tuesday, November 26, 2024

Ukrainian Village home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Ukrainian Village, a Chicago neighborhood, rose by $16,500 while total sales increased by 5.3%, according to BlockShopper.com.

In March 2017, there were 20 homes sold, with a median sale price of $516,000 - a 3.3% increase over the $499,500 median sale price for the same period of the previous year. There were 19 homes sold in Ukrainian Village in March 2016.

The median sales tax in Ukrainian Village for 2017 was $9,046. In 2016, the median sales tax was $8,601. This marks an increase of 5.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.

The following table compares Ukrainian Village to other Chicago neighborhood with similar median sales prices in March 2017:

NeighborhoodMar. 2017 Home SalesMar. 2016 Home Sales% change (Total Home Sales)Mar. 2017 Median Sales PriceMar. 2016 Median Sales Price% change (Median Sales Price)
Wicker Park2412100%$596,500$519,50014.8%
Lincoln Park1278844.3%$586,000$464,75026.1%
Noble Square171513.3%$554,500$460,00020.5%
Roscoe Village 25244.2%$550,000$525,0004.8%
Wrigleyville251656.3%$525,000$405,00029.6%
Ukrainian Village 20195.3%$516,000$499,5003.3%
Andersonville 2010100%$482,500$447,5007.8%
Bucktown422755.6%$482,000$559,000-13.8%
West Town342441.7%$473,500$397,50019.1%
North Mayfair310-70%$465,000$259,50079.2%
Lakeview 13410626.4%$461,750$487,500-5.3%

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