In May 2017, there were 29 homes sold, with a median sale price of $180,000 - a 2.9% increase over the $175,000 median sale price for the same period of the previous year. There were 25 homes sold in West Lawn in May 2016.
The median sales tax in West Lawn for 2017 was $2,729. In 2016, the median sales tax was $2,698. This marks an increase of 1.1%. 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 West Lawn to other Chicago neighborhood with similar median sales prices in May 2017:
Neighborhood | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Garfield Ridge | 51 | 27 | 88.9% | $205,000 | $192,000 | 6.8% |
West Elsdon | 15 | 23 | -34.8% | $199,000 | $170,000 | 17.1% |
Scottsdale | 30 | 20 | 50% | $197,000 | $165,000 | 19.4% |
Gage Park | 12 | 13 | -7.7% | $185,000 | $87,000 | 112.6% |
Wrightwood | 9 | 11 | -18.2% | $184,000 | $178,000 | 3.4% |
West Lawn | 29 | 25 | 16% | $180,000 | $175,000 | 2.9% |
Montclare | 13 | 18 | -27.8% | $180,000 | $185,750 | -3.1% |
Rogers Park | 50 | 57 | -12.3% | $176,000 | $183,000 | -3.8% |
Morgan Park | 30 | 16 | 87.5% | $167,500 | $58,000 | 188.8% |
Chicago Lawn | 8 | 7 | 14.3% | $165,750 | $77,000 | 115.3% |
Little Village | 23 | 15 | 53.3% | $160,000 | $56,000 | 185.7% |