In October 2018, there were five homes sold, with a median sale price of $263,000 - a 16.9% increase over the $225,000 median sale price for the same period of the previous year. There were 13 homes sold in Montclare in October 2017.
The median sales tax in Montclare for the most recent year with available data, 2017, was $4,066, approximately 1.5% of the median home sale price for October 2018.
The following table compares Montclare to other Chicago neighborhood with similar median sales prices in October 2018:
Neighborhood | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Noble Square | 3 | 16 | -81.3% | $292,500 | $520,000 | -43.8% |
Belmont/Cragin | 18 | 45 | -60% | $287,500 | $264,000 | 8.9% |
Oakland | 2 | 3 | -33.3% | $286,000 | $166,500 | 71.8% |
Big Oaks | 5 | 10 | -50% | $272,000 | $248,750 | 9.3% |
West Lawn | 5 | 31 | -83.9% | $265,000 | $215,000 | 23.3% |
Montclare | 5 | 13 | -61.5% | $263,000 | $225,000 | 16.9% |
North Park | 7 | 23 | -69.6% | $260,000 | $309,500 | -16% |
Bronzeville | 20 | 29 | -31% | $250,000 | $232,500 | 7.5% |
Norwood Park | 17 | 32 | -46.9% | $250,000 | $350,000 | -28.6% |
Union Ridge | 7 | 11 | -36.4% | $250,000 | $268,000 | -6.7% |
Garfield Ridge | 17 | 48 | -64.6% | $246,500 | $232,000 | 6.3% |