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Monday, November 25, 2024

Boystown home prices rise in March 2017

Re 1

The median sale price of a home sold in March 2017 in Boystown, a Chicago neighborhood, rose by $33,500 while total sales decreased by 13.5%, according to BlockShopper.com.

In March 2017, there were 32 homes sold, with a median sale price of $332,500 - a 11.2% increase over the $299,000 median sale price for the same period of the previous year. There were 37 homes sold in Boystown in March 2016.

The median sales tax in Boystown for 2017 was $3,282. In 2016, the median sales tax was $3,179. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1%.

The following table compares Boystown 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)
South Loop 7379-7.6%$345,000$290,50018.8%
Edgebrook103233.3%$343,750$340,0001.1%
Kenwood7475%$340,000$243,00039.9%
Avondale1720-15%$335,000$351,250-4.6%
Norwood Park3215113.3%$335,000$203,00065%
Boystown3237-13.5%$332,500$299,00011.2%
Pilsen141040%$322,500$425,000-24.1%
Near North402748.1%$313,500$433,000-27.6%
The Loop9812.5%$310,000$244,00027%
Edison Park770%$310,000$306,0001.3%
Portage Park71659.2%$308,000$285,5007.9%

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