In January 2018, there were 28 homes sold, with a median sale price of $62,500 - a 29.8% decrease over the $89,000 median sale price for the same period of the previous year. There were 21 homes sold in South Chicago in January 2017.
The median sales tax in South Chicago for the most recent year with available data, 2017, was $2,258, approximately 3.6% of the median home sale price for January 2018.
The following table compares South Chicago to other Chicago neighborhood with similar median sales prices in January 2018:
Neighborhood | Jan. 2018 Home Sales | Jan. 2017 Home Sales | % change (Total Home Sales) | Jan. 2018 Median Sales Price | Jan. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Back of the Yards | 33 | 17 | 94.1% | $73,000 | $48,000 | 52.1% |
Oakland | 1 | 7 | -85.7% | $72,000 | $174,000 | -58.6% |
West Hometown | 7 | 3 | 133.3% | $71,000 | $120,000 | -40.8% |
Burnside | 24 | 16 | 50% | $70,000 | $62,500 | 12% |
Washington Heights | 10 | 4 | 150% | $66,000 | $113,000 | -41.6% |
South Chicago | 28 | 21 | 33.3% | $62,500 | $89,000 | -29.8% |
West Pullman | 37 | 34 | 8.8% | $55,000 | $29,250 | 88% |
West Garfield Park | 10 | 9 | 11.1% | $46,500 | $33,000 | 40.9% |
West Englewood | 27 | 16 | 68.8% | $40,000 | $25,000 | 60% |
South Deering | 10 | 7 | 42.9% | $34,000 | $27,000 | 25.9% |
Englewood | 46 | 26 | 76.9% | $31,000 | $32,500 | -4.6% |