River North home prices rise in September 2017
In September 2017, there were 36 homes sold, with a median sale price of $410,000 - a 5.1% increase over the $390,000 median sale price for the same period of the previous year. There were 29 homes sold in River North in September 2016.
The median sales tax in River North for 2017 was $5,705. In 2016, the median sales tax was $5,346. This marks an increase of 6.7%. 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 River North to other Chicago neighborhood with similar median sales prices in September 2017: