Quantcast

Chicago City Wire

Tuesday, April 23, 2024

Union Ridge home prices rise in August 2018

Re 8

The median sale price of a home sold in August 2018 in Union Ridge, a Chicago neighborhood, rose by $47,750 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In August 2018, there were six homes sold, with a median sale price of $302,500 - a 18.7% increase over the $254,750 median sale price for the same period of the previous year. There were six homes sold in Union Ridge in August 2017, as well.

The median sales tax in Union Ridge for the most recent year with available data, 2017, was $3,925, approximately 1.3% of the median home sale price for August 2018.

The following table compares Union Ridge 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)
The Loop920-55%$315,000$260,00021.2%
Beverly 2429-17.2%$315,000$310,0001.6%
South Loop 8896-8.3%$309,750$320,000-3.2%
Old Town2030-33.3%$307,500$403,500-23.8%
Portage Park836822.1%$303,000$320,250-5.4%
Union Ridge660%$302,500$254,75018.7%
Washington Park613-53.8%$300,500$130,000131.2%
Norwood Park2845-37.8%$297,500$345,000-13.8%
Kenwood89-11.1%$293,250$337,000-13%
Pilsen14137.7%$290,500$296,000-1.9%
Oriole Park231291.7%$290,000$243,75019%

MORE NEWS