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Friday, April 19, 2024

Humboldt Park home prices rise in February 2018

Realestate077

The median sale price of a home sold in February 2018 in Humboldt Park, a Chicago neighborhood, rose by $175,000 while total sales increased by 6.5%, according to BlockShopper.com.

In February 2018, there were 33 homes sold, with a median sale price of $350,000 - a 100% increase over the $175,000 median sale price for the same period of the previous year. There were 31 homes sold in Humboldt Park in February 2017.

The median sales tax in Humboldt Park for the most recent year with available data, 2017, was $3,545, approximately 1% of the median home sale price for February 2018.

The following table compares Humboldt Park to other Chicago neighborhood with similar median sales prices in February 2018:

NeighborhoodFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
North Mayfair4333.3%$369,250$261,00041.5%
Pilsen8714.3%$367,500$285,00028.9%
Tri-Taylor21100%$366,250$188,00094.8%
Chinatown440%$361,000$237,25052.2%
Irving Park 16160%$350,250$300,25016.7%
Humboldt Park 33316.5%$350,000$175,000100%
Near West Side231643.8%$350,000$292,50019.7%
Bridgeport1922-13.6%$345,000$308,50011.8%
O'Hare67-14.3%$333,500$120,000177.9%
West Loop312-75%$327,500$247,50032.3%
Galewood511-54.5%$327,000$130,000151.5%

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