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Chicago City Wire

Tuesday, November 26, 2024

Goose Island home prices fall in March 2017

Realestate077

The median sale price of a home sold in March 2017 in Goose Island, a Chicago neighborhood, fell by $500 while total sales increased by 66.7%, according to BlockShopper.com.

In March 2017, there were 10 homes sold, with a median sale price of $362,500 - a 0.1% decrease over the $363,000 median sale price for the same period of the previous year. There were six homes sold in Goose Island in March 2016.

The median sales tax in Goose Island for 2017 was $6,039. In 2016, the median sales tax was $5,738. 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 1.7%.

The following table compares Goose Island 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)
Lincoln Square23-33.3%$376,000$620,000-39.4%
Near West Side292045%$375,000$370,5001.2%
Logan Square1008517.6%$373,000$365,0002.2%
Bridgeport241926.3%$372,500$225,00065.6%
West Loop12850%$363,750$312,50016.4%
Goose Island10666.7%$362,500$363,000-0.1%
Old Town191435.7%$361,000$306,75017.7%
River North2529-13.8%$345,000$420,000-17.9%
South Loop 7379-7.6%$345,000$290,50018.8%
Edgebrook103233.3%$343,750$340,0001.1%
Kenwood7475%$340,000$243,00039.9%

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