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Thursday, April 25, 2024

Englewood home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Englewood, a Chicago neighborhood, rose by $16,750 while total sales decreased by 18.4%, according to BlockShopper.com.

In September 2018, there were 31 homes sold, with a median sale price of $40,000 - a 72% increase over the $23,250 median sale price for the same period of the previous year. There were 38 homes sold in Englewood in September 2017.

The median sales tax in Englewood for the most recent year with available data, 2017, was $1,948, approximately 4.9% of the median home sale price for September 2018.

The following table compares Englewood 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)
West Pullman2029-31%$84,750$43,00097.1%
Roseland/Pullman2834-17.6%$82,000$59,25038.4%
Oakland23-33.3%$79,500$102,000-22.1%
South Deering69-33.3%$78,000$52,00050%
South Chicago 1724-29.2%$75,000$54,00038.9%
Washington Heights45-20%$65,750$29,000126.7%
East Merrionette Park13-66.7%$53,000$155,000-65.8%
West Englewood1220-40%$46,500$28,50063.2%
Englewood3138-18.4%$40,000$23,25072%
East Chicago Heights 30-$35,000$0-
Riverdale/Altgeld Gardens30-$10,000$0-

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