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Thursday, April 25, 2024

Edgebrook home prices rise in January 2018

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The median sale price of a home sold in January 2018 in Edgebrook, a Chicago neighborhood, rose by $160,500 while total sales increased by 33.3%, according to BlockShopper.com.

In January 2018, there were eight homes sold, with a median sale price of $458,000 - a 53.9% increase over the $297,500 median sale price for the same period of the previous year. There were six homes sold in Edgebrook in January 2017.

The median sales tax in Edgebrook for the most recent year with available data, 2017, was $7,469, approximately 1.6% of the median home sale price for January 2018.

The following table compares Edgebrook to other Chicago neighborhood with similar median sales prices in January 2018:

NeighborhoodJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Andersonville 880%$505,000$662,500-23.8%
North Center 1213-7.7%$486,750$482,5000.9%
Goose Island57-28.6%$480,000$442,0008.6%
Wicker Park1521-28.6%$470,000$450,0004.4%
Lakeview 7587-13.8%$468,500$465,0000.8%
Edgebrook8633.3%$458,000$297,50053.9%
River West9650%$448,000$354,00026.6%
Sauganash12771.4%$445,500$369,00020.7%
Streeterville818-55.6%$434,000$272,50059.3%
River North1824-25%$403,750$327,25023.4%
Logan Square5575-26.7%$387,500$340,00014%

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