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Thursday, April 25, 2024

Brainerd home prices fall in June 2018

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The median sale price of a home sold in June 2018 in Brainerd, a Chicago neighborhood, fell by $36,500 while total sales decreased by 7.9%, according to BlockShopper.com.

In June 2018, there were 35 homes sold, with a median sale price of $82,000 - a 30.8% decrease over the $118,500 median sale price for the same period of the previous year. There were 38 homes sold in Brainerd in June 2017.

The median sales tax in Brainerd for the most recent year with available data, 2017, was $1,988, approximately 2.4% of the median home sale price for June 2018.

The following table compares Brainerd 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)
Chicago Lawn770%$96,000$144,000-33.3%
South Shore593473.5%$95,000$68,50038.7%
West Garfield Park191435.7%$90,000$53,00069.8%
Washington Heights714-50%$90,000$73,00023.3%
South Chicago 292138.1%$85,000$75,00013.3%
Brainerd3538-7.9%$82,000$118,500-30.8%
Burnside282416.7%$80,500$59,50035.3%
Gresham665813.8%$72,750$92,500-21.4%
Greater Grand Crossing49474.3%$70,000$79,000-11.4%
Back of the Yards211361.5%$70,000$80,000-12.5%
South Deering1520-25%$69,500$39,50075.9%

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