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Chicago City Wire

Tuesday, April 23, 2024

West Town home prices rise in March 2018

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The median sale price of a home sold in March 2018 in West Town, a Chicago neighborhood, rose by $41,500 while total sales decreased by 11.8%, according to BlockShopper.com.

In March 2018, there were 30 homes sold, with a median sale price of $515,000 - a 8.8% increase over the $473,500 median sale price for the same period of the previous year. There were 34 homes sold in West Town in March 2017.

The median sales tax in West Town for the most recent year with available data, 2017, was $6,788, approximately 1.3% of the median home sale price for March 2018.

The following table compares West Town to other Chicago neighborhood with similar median sales prices in March 2018:

NeighborhoodMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
North Center 363020%$630,000$1,022,500-38.4%
Wicker Park2024-16.7%$592,500$596,500-0.7%
Streeterville147100%$589,500$440,00034%
Lincoln Square220%$535,000$376,00042.3%
Wrigleyville27258%$530,000$525,0001%
West Town3034-11.8%$515,000$473,5008.8%
Bucktown3842-9.5%$500,000$482,0003.7%
Edgebrook810-20%$486,500$343,75041.5%
Old Town301957.9%$467,500$361,00029.5%
Lakeview 104134-22.4%$464,250$461,7500.5%
Irving Park 2732-15.6%$460,000$303,25051.7%

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