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Chicago City Wire

Thursday, April 25, 2024

Oakland home prices rise in April 2018

Realestate5

The median sale price of a home sold in April 2018 in Oakland, a Chicago neighborhood, rose by $45,000 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

In April 2018, there were seven homes sold, with a median sale price of $160,000 - a 39.1% increase over the $115,000 median sale price for the same period of the previous year. There were seven homes sold in Oakland in April 2017, as well.

The median sales tax in Oakland for the most recent year with available data, 2017, was $1,443, approximately 0.9% of the median home sale price for April 2018.

The following table compares Oakland 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)
Canaryville/Fuller Park9650%$175,000$88,75097.2%
Chatham1420-30%$168,000$120,50039.4%
Ashburn 1421-33.3%$167,500$142,00018%
Kenwood69-33.3%$167,500$263,000-36.3%
East Garfield Park2411118.2%$162,500$150,0008.3%
Oakland770%$160,000$115,00039.1%
Wrightwood145180%$160,000$110,00045.5%
Washington Park770%$159,000$55,000189.1%
O'Hare145180%$151,000$325,000-53.5%
Chicago Lawn89-11.1%$137,000$55,000149.1%
Gage Park161323.1%$135,750$120,00013.1%

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