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Friday, April 26, 2024

West Englewood home prices rise in November 2017

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The median sale price of a home sold in November 2017 in West Englewood, a Chicago neighborhood, rose by $13,000 while total sales decreased by 29.4%, according to BlockShopper.com.

In November 2017, there were 12 homes sold, with a median sale price of $42,000 - a 44.8% increase over the $29,000 median sale price for the same period of the previous year. There were 17 homes sold in West Englewood in November 2016.

The median sales tax in West Englewood for 2017 was $1,407. In 2016, the median sales tax was $1,380. This marks an increase of 2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.4%.

The following table compares West Englewood 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)
South Deering189100%$70,000$20,000250%
Back of the Yards1922-13.6%$70,000$45,25054.7%
Brainerd2024-16.7%$69,250$60,00015.4%
Burnside272222.7%$69,000$133,000-48.1%
Greater Grand Crossing3038-21.1%$61,500$88,750-30.7%
Washington Heights13862.5%$60,000$46,00030.4%
Roseland/Pullman474017.5%$55,500$51,2508.3%
Riverdale/Altgeld Gardens110%$55,000$8,500547.1%
West Englewood1217-29.4%$42,000$29,00044.8%
West Pullman271668.8%$35,000$36,250-3.4%
Englewood4818166.7%$27,750$32,000-13.3%

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