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Chicago City Wire

Friday, April 19, 2024

Montclare home prices rise in October 2018

Realestate5

The median sale price of a home sold in October 2018 in Montclare, a Chicago neighborhood, rose by $38,000 while total sales decreased by 61.5%, according to BlockShopper.com.

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:

NeighborhoodOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Noble Square316-81.3%$292,500$520,000-43.8%
Belmont/Cragin1845-60%$287,500$264,0008.9%
Oakland23-33.3%$286,000$166,50071.8%
Big Oaks510-50%$272,000$248,7509.3%
West Lawn531-83.9%$265,000$215,00023.3%
Montclare513-61.5%$263,000$225,00016.9%
North Park723-69.6%$260,000$309,500-16%
Bronzeville2029-31%$250,000$232,5007.5%
Norwood Park1732-46.9%$250,000$350,000-28.6%
Union Ridge711-36.4%$250,000$268,000-6.7%
Garfield Ridge1748-64.6%$246,500$232,0006.3%

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