Quantcast

Chicago City Wire

Friday, April 19, 2024

Burnside home prices rise in January 2018

Realestate077

The median sale price of a home sold in January 2018 in Burnside, a Chicago neighborhood, rose by $7,500 while total sales increased by 50%, according to BlockShopper.com.

In January 2018, there were 24 homes sold, with a median sale price of $70,000 - a 12% increase over the $62,500 median sale price for the same period of the previous year. There were 16 homes sold in Burnside in January 2017.

The median sales tax in Burnside for the most recent year with available data, 2017, was $2,036, approximately 2.9% of the median home sale price for January 2018.

The following table compares Burnside 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)
Greater Grand Crossing2631-16.1%$82,500$67,00023.1%
Roseland/Pullman543554.3%$73,750$54,00036.6%
Back of the Yards331794.1%$73,000$48,00052.1%
Oakland17-85.7%$72,000$174,000-58.6%
West Hometown73133.3%$71,000$120,000-40.8%
Burnside241650%$70,000$62,50012%
Washington Heights104150%$66,000$113,000-41.6%
South Chicago 282133.3%$62,500$89,000-29.8%
West Pullman37348.8%$55,000$29,25088%
West Garfield Park10911.1%$46,500$33,00040.9%
West Englewood271668.8%$40,000$25,00060%

MORE NEWS