Quantcast

Chicago City Wire

Saturday, April 20, 2024

Scottsdale home prices rise in May 2017

Re 5

The median sale price of a home sold in May 2017 in Scottsdale, a Chicago neighborhood, rose by $32,000 while total sales increased by 50%, according to BlockShopper.com.

In May 2017, there were 30 homes sold, with a median sale price of $197,000 - a 19.4% increase over the $165,000 median sale price for the same period of the previous year. There were 20 homes sold in Scottsdale in May 2016.

The median sales tax in Scottsdale for 2017 was $2,595. In 2016, the median sales tax was $2,547. This marks an increase of 1.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares Scottsdale 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)
Hyde Park312147.6%$209,000$242,000-13.6%
West Rogers Park66634.8%$207,750$293,000-29.1%
Tri-Taylor5366.7%$205,000$290,000-29.3%
Garfield Ridge512788.9%$205,000$192,0006.8%
West Elsdon1523-34.8%$199,000$170,00017.1%
Scottsdale302050%$197,000$165,00019.4%
Gage Park1213-7.7%$185,000$87,000112.6%
Wrightwood911-18.2%$184,000$178,0003.4%
West Lawn292516%$180,000$175,0002.9%
Montclare1318-27.8%$180,000$185,750-3.1%
Rogers Park5057-12.3%$176,000$183,000-3.8%

MORE NEWS