Heart of Chicago home prices fall in September 2017
In September 2017, there were nine homes sold, with a median sale price of $240,000 - a 24.9% decrease over the $319,750 median sale price for the same period of the previous year. There were 14 homes sold in Heart of Chicago in September 2016.
The median sales tax in Heart of Chicago for 2017 was $4,428. In 2016, the median sales tax was $4,230. This marks an increase of 4.7%. 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 Heart of Chicago to other Chicago neighborhood with similar median sales prices in September 2017: