Oakland home prices fall in June 2017
In June 2017, there were six homes sold, with a median sale price of $84,500 - a 6.1% decrease over the $90,000 median sale price for the same period of the previous year. There were seven homes sold in Oakland in June 2016.
The median sales tax in Oakland for 2017 was $1,443. In 2016, the median sales tax was $1,343. This marks an increase of 7.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.7%.
The following table compares Oakland to other Chicago neighborhood with similar median sales prices in June 2017: