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Chicago City Wire

Thursday, April 25, 2024

Edison Park home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Edison Park, a Chicago neighborhood, rose by $45,000 while total sales increased by 20%, according to BlockShopper.com.

In August 2018, there were 24 homes sold, with a median sale price of $362,500 - a 14.2% increase over the $317,500 median sale price for the same period of the previous year. There were 20 homes sold in Edison Park in August 2017.

The median sales tax in Edison Park for the most recent year with available data, 2017, was $5,637, approximately 1.6% of the median home sale price for August 2018.

The following table compares Edison Park 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)
Irving Park 3349-32.7%$390,000$360,5008.2%
Bridgeport3034-11.8%$382,000$352,7508.3%
Greektown31200%$379,000$393,500-3.7%
Mayfair414-71.4%$366,500$294,50024.4%
Goose Island1015-33.3%$363,250$395,000-8%
Edison Park242020%$362,500$317,50014.2%
River North36360%$362,250$350,0003.5%
Near West Side42420%$339,500$440,500-22.9%
Big Oaks9728.6%$337,500$262,50028.6%
Gold Coast88105-16.2%$332,500$325,0002.3%
University Village / Little Italy2133-36.4%$320,000$335,000-4.5%

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