Washington Park home prices fall in July 2017
In July 2017, there were four homes sold, with a median sale price of $113,500 - a 12.5% decrease over the $129,750 median sale price for the same period of the previous year. There were four homes sold in Washington Park in July 2016, as well.
The median sales tax in Washington Park for 2017 was $2,086. In 2016, the median sales tax was $1,945. This marks an increase of 7.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.8%.
The following table compares Washington Park to other Chicago neighborhood with similar median sales prices in July 2017: