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Chicago City Wire

Friday, April 19, 2024

Hyde Park home prices rise in June 2018

Realestate4

The median sale price of a home sold in June 2018 in Hyde Park, a Chicago neighborhood, rose by $55,000 while total sales decreased by 14.6%, according to BlockShopper.com.

In June 2018, there were 35 homes sold, with a median sale price of $300,000 - a 22.4% increase over the $245,000 median sale price for the same period of the previous year. There were 41 homes sold in Hyde Park in June 2017.

The median sales tax in Hyde Park for the most recent year with available data, 2017, was $3,185, approximately 1.1% of the median home sale price for June 2018.

The following table compares Hyde Park to other Chicago neighborhood with similar median sales prices in June 2018:

NeighborhoodJune 2018 Home SalesJune 2017 Home Sales% change (Total Home Sales)June 2018 Median Sales PriceJune 2017 Median Sales Price% change (Median Sales Price)
Lincoln Park446189136%$312,000$585,000-46.7%
South Loop 98114-14%$309,500$334,000-7.3%
Forest Glen25-60%$307,500$400,000-23.1%
Oriole Park1013-23.1%$306,500$280,0009.5%
Humboldt Park 5265-20%$300,000$276,0008.7%
Hyde Park3541-14.6%$300,000$245,00022.4%
Heart of Chicago9812.5%$300,000$229,50030.7%
Uptown5760-5%$300,000$233,75028.3%
Union Ridge147100%$299,750$264,00013.5%
Big Oaks121020%$294,000$247,50018.8%
Galewood1322-40.9%$294,000$264,00011.4%

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