In August 2018, there were 28 homes sold, with a median sale price of $297,500 - a 13.8% decrease over the $345,000 median sale price for the same period of the previous year. There were 45 homes sold in Norwood Park in August 2017.
The median sales tax in Norwood Park for the most recent year with available data, 2017, was $5,021, approximately 1.7% of the median home sale price for August 2018.
The following table compares Norwood Park 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) |
|---|---|---|---|---|---|---|
| South Loop | 88 | 96 | -8.3% | $309,750 | $320,000 | -3.2% |
| Old Town | 20 | 30 | -33.3% | $307,500 | $403,500 | -23.8% |
| Portage Park | 83 | 68 | 22.1% | $303,000 | $320,250 | -5.4% |
| Union Ridge | 6 | 6 | 0% | $302,500 | $254,750 | 18.7% |
| Washington Park | 6 | 13 | -53.8% | $300,500 | $130,000 | 131.2% |
| Norwood Park | 28 | 45 | -37.8% | $297,500 | $345,000 | -13.8% |
| Kenwood | 8 | 9 | -11.1% | $293,250 | $337,000 | -13% |
| Pilsen | 14 | 13 | 7.7% | $290,500 | $296,000 | -1.9% |
| Oriole Park | 23 | 12 | 91.7% | $290,000 | $243,750 | 19% |
| North Park | 20 | 18 | 11.1% | $288,250 | $322,500 | -10.6% |
| Forest Glen | 2 | 5 | -60% | $287,250 | $326,000 | -11.9% |
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