In August 2018, there were 38 homes sold, with a median sale price of $161,750 - a 7.1% increase over the $151,000 median sale price for the same period of the previous year. There were 34 homes sold in South Shore in August 2017.
The median sales tax in South Shore for the most recent year with available data, 2017, was $2,096, approximately 1.3% of the median home sale price for August 2018.
The following table compares South Shore 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) |
---|---|---|---|---|---|---|
Edgewater | 93 | 90 | 3.3% | $180,000 | $216,250 | -16.8% |
Brighton Park | 30 | 18 | 66.7% | $180,000 | $159,500 | 12.9% |
Wrightwood | 18 | 7 | 157.1% | $167,500 | $130,000 | 28.8% |
Marquette Park | 31 | 32 | -3.1% | $163,000 | $144,000 | 13.2% |
Little Village | 23 | 31 | -25.8% | $162,000 | $145,000 | 11.7% |
South Shore | 38 | 34 | 11.8% | $161,750 | $151,000 | 7.1% |
Ashburn | 16 | 27 | -40.7% | $151,000 | $173,000 | -12.7% |
East Garfield Park | 14 | 25 | -44% | $148,750 | $132,000 | 12.7% |
Gage Park | 16 | 17 | -5.9% | $146,000 | $130,000 | 12.3% |
Lawndale | 29 | 47 | -38.3% | $140,000 | $91,500 | 53% |
Chatham | 27 | 19 | 42.1% | $135,500 | $85,000 | 59.4% |