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Chicago City Wire

Friday, April 19, 2024

Sauganash home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Sauganash, a Chicago neighborhood, rose by $82,500 while total sales increased by 33.3%, according to BlockShopper.com.

In September 2018, there were eight homes sold, with a median sale price of $405,000 - a 25.6% increase over the $322,500 median sale price for the same period of the previous year. There were six homes sold in Sauganash in September 2017.

The median sales tax in Sauganash for the most recent year with available data, 2017, was $6,452, approximately 1.6% of the median home sale price for September 2018.

The following table compares Sauganash 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)
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%
Irving Park 2734-20.6%$415,000$388,5006.8%
Heart of Chicago79-22.2%$415,000$240,00072.9%
Sauganash8633.3%$405,000$322,50025.6%
River West1116-31.3%$400,000$488,000-18%
Ravenswood 3043-30.2%$392,500$390,0000.6%
Avondale1621-23.8%$389,500$305,00027.7%
West Loop17988.9%$386,000$337,00014.5%
Noble Square1013-23.1%$384,250$472,500-18.7%

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