Lincoln Park home prices rise in August 2017
In August 2017, there were 185 homes sold, with a median sale price of $545,000 - a 13.2% increase over the $481,250 median sale price for the same period of the previous year. There were 236 homes sold in Lincoln Park in August 2016.
The median sales tax in Lincoln Park for 2017 was $7,765. In 2016, the median sales tax was $7,424. This marks an increase of 4.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.4%.
The following table compares Lincoln Park to other Chicago neighborhood with similar median sales prices in August 2017: