In August 2018, there were 38 homes sold, with a median sale price of $402,500 - a 22% increase over the $330,000 median sale price for the same period of the previous year. There were 49 homes sold in Near North in August 2017.
The median sales tax in Near North for the most recent year with available data, 2017, was $4,582, approximately 1.1% of the median home sale price for August 2018.
The following table compares Near North to other Chicago neighborhood with similar median sales prices in August 2018:
Neighborhood | Aug. 2018 Home Sales | Aug. 2017 Home Sales | % change (Total Home Sales) | Aug. 2018 Median Sales Price | Aug. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Wrigleyville | 26 | 18 | 44.4% | $428,000 | $406,250 | 5.4% |
North Mayfair | 5 | 10 | -50% | $420,000 | $355,000 | 18.3% |
West Loop | 11 | 23 | -52.2% | $420,000 | $323,000 | 30% |
Avondale | 17 | 22 | -22.7% | $412,500 | $392,500 | 5.1% |
Logan Square | 94 | 105 | -10.5% | $408,500 | $401,500 | 1.7% |
Near North | 38 | 49 | -22.4% | $402,500 | $330,000 | 22% |
Irving Park | 33 | 49 | -32.7% | $390,000 | $360,500 | 8.2% |
Bridgeport | 30 | 34 | -11.8% | $382,000 | $352,750 | 8.3% |
Greektown | 3 | 1 | 200% | $379,000 | $393,500 | -3.7% |
Mayfair | 4 | 14 | -71.4% | $366,500 | $294,500 | 24.4% |
Goose Island | 10 | 15 | -33.3% | $363,250 | $395,000 | -8% |