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Chicago City Wire

Wednesday, April 24, 2024

Lincoln Park home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Lincoln Park, a Chicago neighborhood, fell by $21,000 while total sales decreased by 22.2%, according to BlockShopper.com.

In September 2018, there were 84 homes sold, with a median sale price of $495,000 - a 4.1% decrease over the $516,000 median sale price for the same period of the previous year. There were 108 homes sold in Lincoln Park in September 2017.

The median sales tax in Lincoln Park for the most recent year with available data, 2017, was $7,765, approximately 1.6% of the median home sale price for September 2018.

The following table compares Lincoln Park to other Chicago neighborhood with similar median sales prices in September 2018:

NeighborhoodSept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Streeterville812-33.3%$600,750$311,50092.9%
North Center 25244.2%$590,000$497,75018.5%
Bucktown402653.8%$585,000$518,75012.8%
West Town1722-22.7%$545,000$501,0008.8%
Wicker Park1214-14.3%$533,750$420,00027.1%
Lincoln Park84108-22.2%$495,000$516,000-4.1%
Lincoln Square46-33.3%$447,500$549,750-18.6%
Goose Island15147.1%$430,000$456,000-5.7%
Edgebrook49-55.6%$427,500$490,000-12.8%
Logan Square5483-34.9%$425,000$360,00018.1%
Lakeview 86104-17.3%$420,000$370,00013.5%

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