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Thursday, April 25, 2024

Mount Greenwood home prices fall in April 2018

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The median sale price of a home sold in April 2018 in Mount Greenwood, a Chicago neighborhood, fell by $14,000 while total sales decreased by 29.2%, according to BlockShopper.com.

In April 2018, there were 17 homes sold, with a median sale price of $220,000 - a 6% decrease over the $234,000 median sale price for the same period of the previous year. There were 24 homes sold in Mount Greenwood in April 2017.

The median sales tax in Mount Greenwood for the most recent year with available data, 2017, was $3,689, approximately 1.7% of the median home sale price for April 2018.

The following table compares Mount Greenwood to other Chicago neighborhood with similar median sales prices in April 2018:

NeighborhoodApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Beverly 1523-34.8%$259,000$340,000-23.8%
Hermosa 19185.6%$250,000$230,0008.7%
Pilsen79-22.2%$240,000$482,500-50.3%
Rogers Park3750-26%$235,000$165,00042.4%
Scottsdale171513.3%$225,000$181,00024.3%
Mount Greenwood1724-29.2%$220,000$234,000-6%
Garfield Ridge463917.9%$217,500$204,0006.6%
Boystown42412.4%$216,750$287,000-24.5%
Bronzeville3132-3.1%$210,000$202,7503.6%
Clearing1718-5.6%$210,000$207,5001.2%
Edgewater 746710.4%$203,500$226,000-10%

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