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Thursday, April 25, 2024

Archer Heights home prices rise in April 2017

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The median sale price of a home sold in April 2017 in Archer Heights, a Chicago neighborhood, rose by $11,500 while total sales decreased by 11.1%, according to BlockShopper.com.

In April 2017, there were eight homes sold, with a median sale price of $181,500 - a 6.8% increase over the $170,000 median sale price for the same period of the previous year. There were nine homes sold in Archer Heights in April 2016.

The median sales tax in Archer Heights for 2017 was $2,920. In 2016, the median sales tax was $2,856. This marks an increase of 2.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.

The following table compares Archer Heights to other Chicago neighborhood with similar median sales prices in April 2017:

NeighborhoodApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Forest Glen62200%$217,000$129,50067.6%
Clearing1823-21.7%$207,500$185,00012.2%
Garfield Ridge393414.7%$204,000$202,0001%
Bronzeville32313.2%$202,750$210,000-3.5%
Galewood917-47.1%$190,000$212,000-10.4%
Archer Heights89-11.1%$181,500$170,0006.8%
Brighton Park241741.2%$181,500$140,00029.6%
Scottsdale1519-21.1%$181,000$130,00039.2%
West Lawn2629-10.3%$180,000$161,00011.8%
Woodlawn1925-24%$180,000$100,00080%
Rogers Park504219%$165,000$182,500-9.6%

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