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Chicago City Wire

Wednesday, April 24, 2024

Andersonville home prices fall in November 2017

Realestate2

The median sale price of a home sold in November 2017 in Andersonville, a Chicago neighborhood, fell by $94,500 while total sales decreased by 31.6%, according to BlockShopper.com.

In November 2017, there were 13 homes sold, with a median sale price of $407,500 - a 18.8% decrease over the $502,000 median sale price for the same period of the previous year. There were 19 homes sold in Andersonville in November 2016.

The median sales tax in Andersonville for 2017 was $7,966. In 2016, the median sales tax was $7,751. This marks an increase of 2.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.

The following table compares Andersonville to other Chicago neighborhood with similar median sales prices in November 2017:

NeighborhoodNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Wicker Park1722-22.7%$440,000$612,500-28.2%
West Loop191090%$435,000$302,50043.8%
Lakeview 89872.3%$425,000$485,000-12.4%
River North26254%$411,000$410,0000.2%
Near North2332-28.1%$411,000$319,00028.8%
Andersonville 1319-31.6%$407,500$502,000-18.8%
Near West Side26248.3%$400,000$296,50034.9%
Logan Square79763.9%$385,000$344,75011.7%
Pilsen13130%$370,000$300,00023.3%
Avondale2129-27.6%$362,000$394,000-8.1%
Old Town17170%$356,000$230,00054.8%

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