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Chicago City Wire

Wednesday, April 17, 2024

Lincoln Park home prices rise in July 2018

Realestate4

The median sale price of a home sold in July 2018 in Lincoln Park, a Chicago neighborhood, rose by $30,500 while total sales increased by 2.1%, according to BlockShopper.com.

In July 2018, there were 146 homes sold, with a median sale price of $562,500 - a 5.7% increase over the $532,000 median sale price for the same period of the previous year. There were 143 homes sold in Lincoln Park in July 2017.

The median sales tax in Lincoln Park for the most recent year with available data, 2017, was $7,765, approximately 1.4% of the median home sale price for July 2018.

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

NeighborhoodJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Roscoe Village 242114.3%$592,250$476,00024.4%
North Center 3639-7.7%$589,500$608,000-3%
West Lincolnwood 45-20%$588,000$250,000135.2%
Lincoln Park1461432.1%$562,500$532,0005.7%
Bucktown584045%$535,000$552,000-3.1%
Lincoln Square49-55.6%$532,500$500,0006.5%
Wrigleyville392839.3%$525,000$487,5007.7%
Ukrainian Village 3943-9.3%$520,000$519,0000.2%
Edgebrook15966.7%$505,000$410,00023.2%
West Town5564-14.1%$500,000$445,00012.4%
River West1617-5.9%$500,000$490,0002%

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