In April 2018, there were 70 homes sold, with a median sale price of $127,000 - a 34.4% increase over the $94,500 median sale price for the same period of the previous year. There were 36 homes sold in Gresham in April 2017.
The median sales tax in Gresham for the most recent year with available data, 2017, was $2,018, approximately 1.6% of the median home sale price for April 2018.
The following table compares Gresham to other Chicago neighborhood with similar median sales prices in April 2018:
| Neighborhood | Apr. 2018 Home Sales | Apr. 2017 Home Sales | % change (Total Home Sales) | Apr. 2018 Median Sales Price | Apr. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Washington Park | 7 | 7 | 0% | $159,000 | $55,000 | 189.1% |
| O'Hare | 14 | 5 | 180% | $151,000 | $325,000 | -53.5% |
| Chicago Lawn | 8 | 9 | -11.1% | $137,000 | $55,000 | 149.1% |
| Gage Park | 16 | 13 | 23.1% | $135,750 | $120,000 | 13.1% |
| South Shore | 34 | 23 | 47.8% | $127,500 | $75,500 | 68.9% |
| Gresham | 70 | 36 | 94.4% | $127,000 | $94,500 | 34.4% |
| Hegewisch | 5 | 6 | -16.7% | $126,000 | $130,000 | -3.1% |
| Washington Heights | 7 | 7 | 0% | $122,000 | $82,500 | 47.9% |
| Lawndale | 43 | 17 | 152.9% | $120,000 | $69,500 | 72.7% |
| Woodlawn | 21 | 19 | 10.5% | $120,000 | $180,000 | -33.3% |
| Little Village | 23 | 19 | 21.1% | $120,000 | $75,000 | 60% |
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