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Chicago City Wire

Friday, April 19, 2024

North Center home prices fall in August 2018

Re 9

The median sale price of a home sold in August 2018 in North Center, a Chicago neighborhood, fell by $59,000 while total sales increased by 16.2%, according to BlockShopper.com.

In August 2018, there were 43 homes sold, with a median sale price of $590,000 - a 9.1% decrease over the $649,000 median sale price for the same period of the previous year. There were 37 homes sold in North Center in August 2017.

The median sales tax in North Center for the most recent year with available data, 2017, was $9,534, approximately 1.6% of the median home sale price for August 2018.

The following table compares North Center to other Chicago neighborhood with similar median sales prices in August 2018:

NeighborhoodAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
North Center 433716.2%$590,000$649,000-9.1%
Lincoln Park114185-38.4%$575,000$545,0005.5%
Bucktown3959-33.9%$566,500$510,00011.1%
Roscoe Village 2023-13%$533,500$530,0000.7%
Lincoln Square8633.3%$531,250$421,50026%
Noble Square924-62.5%$523,000$515,0001.6%
Ukrainian Village 2242-47.6%$519,000$539,750-3.8%
River West211540%$511,000$315,00062.2%
Edgebrook14140%$501,500$447,75012%
Wicker Park1536-58.3%$485,000$521,500-7%
Sauganash613-53.8%$473,000$370,00027.8%

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