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Chicago City Wire

Tuesday, April 16, 2024

Archer Heights home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Archer Heights, a Chicago neighborhood, rose by $1,000 while total sales decreased by 8.3%, according to BlockShopper.com.

In August 2018, there were 11 homes sold, with a median sale price of $225,000 - a 0.4% increase over the $224,000 median sale price for the same period of the previous year. There were 12 homes sold in Archer Heights in August 2017.

The median sales tax in Archer Heights for the most recent year with available data, 2017, was $2,920, approximately 1.3% of the median home sale price for August 2018.

The following table compares Archer Heights 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)
Garfield Ridge5051-2%$244,500$240,0001.9%
Tri-Taylor5425%$240,000$235,0002.1%
Hermosa 1520-25%$240,000$272,000-11.8%
West Rogers Park75698.7%$227,500$215,0005.8%
Oakland48-50%$226,250$178,25026.9%
Archer Heights1112-8.3%$225,000$224,0000.4%
Hyde Park3133-6.1%$225,000$248,000-9.3%
Clearing251838.9%$218,000$232,500-6.2%
Mount Greenwood28273.7%$214,500$245,000-12.4%
West Elsdon1418-22.2%$209,000$175,75018.9%
O'Hare880%$208,750$234,750-11.1%

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