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Friday, April 19, 2024

Lawndale home prices rise in February 2018

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The median sale price of a home sold in February 2018 in Lawndale, a Chicago neighborhood, rose by $12,500 while total sales increased by 4%, according to BlockShopper.com.

In February 2018, there were 26 homes sold, with a median sale price of $127,500 - a 10.9% increase over the $115,000 median sale price for the same period of the previous year. There were 25 homes sold in Lawndale in February 2017.

The median sales tax in Lawndale for the most recent year with available data, 2017, was $3,216, approximately 2.5% of the median home sale price for February 2018.

The following table compares Lawndale 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)
Chicago Lawn58-37.5%$160,000$129,00024%
Uptown201811.1%$155,250$272,250-43%
Wrightwood147100%$153,000$122,00025.4%
Calumet Heights 1926-26.9%$147,500$88,50066.7%
East Garfield Park910-10%$140,000$66,000112.1%
Lawndale26254%$127,500$115,00010.9%
Ashburn 141127.3%$125,750$197,500-36.3%
East Merrionette Park110%$122,000$145,000-15.9%
Oriole Park37-57.1%$122,000$305,000-60%
Edgewater 433716.2%$121,000$232,000-47.8%
Chatham20200%$119,500$161,250-25.9%

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