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Chicago City Wire

Monday, November 25, 2024

Roseland/Pullman home prices rise in March 2017

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The median sale price of a home sold in March 2017 in Roseland/Pullman, a Chicago neighborhood, rose by $14,500 while total sales increased by 12.5%, according to BlockShopper.com.

In March 2017, there were 36 homes sold, with a median sale price of $44,500 - a 48.3% increase over the $30,000 median sale price for the same period of the previous year. There were 32 homes sold in Roseland/Pullman in March 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%.

The following table compares Roseland/Pullman 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)
West Garfield Park9728.6%$66,000$35,00088.6%
Greater Grand Crossing333010%$65,000$67,250-3.3%
Burnside23224.5%$65,000$36,00080.6%
Back of the Yards27258%$50,000$36,50037%
South Chicago 211631.3%$47,000$29,25060.7%
East Merrionette Park110%$46,000$29,00058.6%
Roseland/Pullman363212.5%$44,500$30,00048.3%
West Pullman222010%$41,250$19,000117.1%
South Deering12120%$32,750$23,25040.9%
Englewood34319.7%$29,500$20,00047.5%
West Englewood22220%$25,250$23,5007.4%

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