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Saturday, April 20, 2024

Pilsen home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Pilsen, a Chicago neighborhood, rose by $45,000 while total sales decreased by 58.3%, according to BlockShopper.com.

In October 2018, there were five homes sold, with a median sale price of $315,000 - a 16.7% increase over the $270,000 median sale price for the same period of the previous year. There were 12 homes sold in Pilsen in October 2017.

The median sales tax in Pilsen for the most recent year with available data, 2017, was $4,594, approximately 1.5% of the median home sale price for October 2018.

The following table compares Pilsen to other Chicago neighborhood with similar median sales prices in October 2018:

NeighborhoodOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
West Loop312-75%$331,500$339,500-2.4%
Old Town141127.3%$328,500$294,00011.7%
Galewood420-80%$326,500$245,50033%
Portage Park2661-57.4%$324,000$313,0003.5%
Gold Coast3480-57.5%$319,500$373,500-14.5%
Pilsen512-58.3%$315,000$270,00016.7%
South Loop 2477-68.8%$311,250$365,000-14.7%
The Loop880%$310,000$352,000-11.9%
Oriole Park315-80%$310,000$300,0003.3%
North Mayfair47-42.9%$309,000$304,0001.6%
Near North822-63.6%$307,500$435,000-29.3%

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