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Chicago City Wire

Friday, April 26, 2024

Avondale home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Avondale, a Chicago neighborhood, rose by $29,500 while total sales decreased by 24.1%, according to BlockShopper.com.

In August 2017, there were 22 homes sold, with a median sale price of $392,500 - a 8.1% increase over the $363,000 median sale price for the same period of the previous year. There were 29 homes sold in Avondale in August 2016.

The median sales tax in Avondale for 2017 was $5,787. In 2016, the median sales tax was $5,524. This marks an increase of 4.8%. 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 Avondale to other Chicago neighborhood with similar median sales prices in August 2017:

NeighborhoodAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Old Town3039-23.1%$403,500$310,00030.2%
Logan Square105118-11%$401,500$414,000-3%
Streeterville1524-37.5%$398,500$288,25038.2%
Goose Island151225%$395,000$402,500-1.9%
Greektown10-$393,500$0-
Avondale2229-24.1%$392,500$363,0008.1%
Andersonville 1828-35.7%$392,500$613,750-36%
Sauganash131030%$370,000$555,000-33.3%
Irving Park 49474.3%$360,500$387,000-6.8%
North Mayfair1011-9.1%$355,000$292,50021.4%
Bridgeport34319.7%$352,750$345,0002.2%

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