In June 2018, there were 59 homes sold, with a median sale price of $95,000 - a 38.7% increase over the $68,500 median sale price for the same period of the previous year. There were 34 homes sold in South Shore in June 2017.
The median sales tax in South Shore for the most recent year with available data, 2017, was $2,096, approximately 2.2% of the median home sale price for June 2018.
The following table compares South Shore to other Chicago neighborhood with similar median sales prices in June 2018:
Neighborhood | June 2018 Home Sales | June 2017 Home Sales | % change (Total Home Sales) | June 2018 Median Sales Price | June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Wrightwood | 11 | 10 | 10% | $128,000 | $175,000 | -26.9% |
East Side | 28 | 15 | 86.7% | $121,500 | $99,500 | 22.1% |
Marquette Park | 28 | 35 | -20% | $121,500 | $130,000 | -6.5% |
Calumet Heights | 32 | 41 | -22% | $111,500 | $80,000 | 39.4% |
Chicago Lawn | 7 | 7 | 0% | $96,000 | $144,000 | -33.3% |
South Shore | 59 | 34 | 73.5% | $95,000 | $68,500 | 38.7% |
West Garfield Park | 19 | 14 | 35.7% | $90,000 | $53,000 | 69.8% |
Washington Heights | 7 | 14 | -50% | $90,000 | $73,000 | 23.3% |
South Chicago | 29 | 21 | 38.1% | $85,000 | $75,000 | 13.3% |
Brainerd | 35 | 38 | -7.9% | $82,000 | $118,500 | -30.8% |
Burnside | 28 | 24 | 16.7% | $80,500 | $59,500 | 35.3% |