University Village / Little Italy home prices fall in December 2017
In December 2017, there were 13 homes sold, with a median sale price of $350,000 - a 25.7% decrease over the $471,250 median sale price for the same period of the previous year. There were 12 homes sold in University Village / Little Italy in December 2016.
The median sales tax in University Village / Little Italy for 2017 was $5,050. In 2016, the median sales tax was $4,644. This marks an increase of 8.7%. 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 University Village / Little Italy to other Chicago neighborhood with similar median sales prices in December 2017: