In May 2017, there were 14 homes sold, with a median sale price of $28,500 - a 75.4% increase over the $16,250 median sale price for the same period of the previous year. There were 12 homes sold in West Englewood in May 2016.
The median sales tax in West Englewood for 2017 was $1,407. In 2016, the median sales tax was $1,380. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.9%.
The following table compares West Englewood 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) |
---|---|---|---|---|---|---|
Washington Heights | 9 | 6 | 50% | $68,000 | $204,000 | -66.7% |
South Chicago | 21 | 15 | 40% | $60,000 | $66,000 | -9.1% |
Back of the Yards | 22 | 13 | 69.2% | $59,000 | $55,000 | 7.3% |
Burnside | 18 | 18 | 0% | $53,750 | $88,000 | -38.9% |
West Garfield Park | 10 | 8 | 25% | $46,500 | $28,000 | 66.1% |
West Pullman | 29 | 38 | -23.7% | $35,500 | $34,500 | 2.9% |
Roseland/Pullman | 45 | 32 | 40.6% | $35,000 | $36,750 | -4.8% |
West Englewood | 14 | 12 | 16.7% | $28,500 | $16,250 | 75.4% |
Englewood | 43 | 31 | 38.7% | $25,000 | $20,500 | 22% |
East Chicago Heights | 2 | 0 | - | $23,500 | $0 | - |
Riverdale/Altgeld Gardens | 1 | 0 | - | $3,500 | $0 | - |