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Chicago City Wire

Wednesday, April 24, 2024

West Pullman home prices fall in February 2018

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The median sale price of a home sold in February 2018 in West Pullman, a Chicago neighborhood, fell by $6,500 while total sales increased by 22.7%, according to BlockShopper.com.

In February 2018, there were 27 homes sold, with a median sale price of $65,000 - a 9.1% decrease over the $71,500 median sale price for the same period of the previous year. There were 22 homes sold in West Pullman in February 2017.

The median sales tax in West Pullman for the most recent year with available data, 2017, was $1,612, approximately 2.5% of the median home sale price for February 2018.

The following table compares West Pullman 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)
South Chicago 1621-23.8%$77,000$41,00087.8%
West Garfield Park151225%$75,000$47,50057.9%
Forest Glen110%$71,000$372,000-80.9%
West Hometown220%$67,000$77,000-13%
Greater Grand Crossing373312.1%$65,000$60,0008.3%
West Pullman272222.7%$65,000$71,500-9.1%
West Englewood2410140%$65,000$31,000109.7%
Washington Heights115120%$61,000$36,50067.1%
Back of the Yards1320-35%$60,000$49,25021.8%
Burnside191258.3%$52,000$61,500-15.4%
Roseland/Pullman433234.4%$47,000$41,50013.3%

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