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Saturday, April 20, 2024

Goose Island home prices rise in May 2017

Realestate1

The median sale price of a home sold in May 2017 in Goose Island, a Chicago neighborhood, rose by $17,500 while total sales remained unchanged with 11 homes sold, according to BlockShopper.com.

In May 2017, there were 11 homes sold, with a median sale price of $400,000 - a 4.6% increase over the $382,500 median sale price for the same period of the previous year. There were 11 homes sold in Goose Island in May 2016, as well.

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 1.5%.

The following table compares Goose Island to other Chicago neighborhood with similar median sales prices in May 2017:

NeighborhoodMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
West Town564330.2%$460,000$450,0002.2%
River West1516-6.3%$460,000$324,50041.8%
Wrigleyville42420%$453,500$517,500-12.4%
Forest Glen440%$405,000$400,0001.3%
Lakeview 20915733.1%$403,000$459,000-12.2%
Goose Island11110%$400,000$382,5004.6%
Lincoln Park20214539.3%$399,000$475,000-16%
Edison Park1822-18.2%$391,000$220,00077.7%
Logan Square12510519%$390,000$362,0007.7%
River North4052-23.1%$382,500$431,000-11.3%
Near North544325.6%$380,500$290,00031.2%

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