In May 2018, there were 39 homes sold, with a median sale price of $86,000 - a 5.2% decrease over the $90,750 median sale price for the same period of the previous year. There were 38 homes sold in Gresham in May 2017.
The median sales tax in Gresham for the most recent year with available data, 2017, was $2,018, approximately 2.3% of the median home sale price for May 2018.
The following table compares Gresham to other Chicago neighborhood with similar median sales prices in May 2018:
| Neighborhood | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lawndale | 41 | 37 | 10.8% | $115,000 | $72,000 | 59.7% |
| South Chicago | 24 | 21 | 14.3% | $107,500 | $60,000 | 79.2% |
| East Side | 15 | 17 | -11.8% | $106,000 | $105,000 | 1% |
| Canaryville/Fuller Park | 4 | 10 | -60% | $102,500 | $142,750 | -28.2% |
| Burnside | 21 | 18 | 16.7% | $92,000 | $53,750 | 71.2% |
| Gresham | 39 | 38 | 2.6% | $86,000 | $90,750 | -5.2% |
| Brainerd | 31 | 43 | -27.9% | $83,000 | $144,000 | -42.4% |
| West Garfield Park | 15 | 10 | 50% | $80,000 | $46,500 | 72% |
| Greater Grand Crossing | 44 | 29 | 51.7% | $80,000 | $110,000 | -27.3% |
| Back of the Yards | 24 | 22 | 9.1% | $79,000 | $59,000 | 33.9% |
| Washington Heights | 11 | 9 | 22.2% | $59,000 | $68,000 | -13.2% |
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