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Chicago City Wire

Monday, November 25, 2024

Wrightwood home prices rise in March 2017

Realestate1

The median sale price of a home sold in March 2017 in Wrightwood, a Chicago neighborhood, rose by $9,750 while total sales increased by 600%, according to BlockShopper.com.

In March 2017, there were 14 homes sold, with a median sale price of $100,000 - a 10.8% increase over the $90,250 median sale price for the same period of the previous year. There were two homes sold in Wrightwood in March 2016.

The median sales tax in Wrightwood for 2017 was $2,391. In 2016, the median sales tax was $2,385. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.4%.

The following table compares Wrightwood 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)
Chicago Lawn311-72.7%$136,500$50,000173%
Little Village271668.8%$124,000$72,50071%
Marquette Park342070%$105,000$68,25053.8%
South Shore40385.3%$104,000$62,50066.4%
Oakland10742.9%$102,750$160,000-35.8%
Wrightwood142600%$100,000$90,25010.8%
Washington Park46-33.3%$86,000$67,75026.9%
West Hometown330%$85,000$84,5000.6%
Canaryville/Fuller Park59-44.4%$84,500$75,00012.7%
Forest Glen50-$83,000$0-
Chatham271850%$80,000$46,00073.9%

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