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Friday, April 26, 2024

South Deering home prices rise in October 2018

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The median sale price of a home sold in October 2018 in South Deering, a Chicago neighborhood, rose by $20,000 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 $65,000 - a 44.4% increase over the $45,000 median sale price for the same period of the previous year. There were 13 homes sold in South Deering in October 2017.

The median sales tax in South Deering for the most recent year with available data, 2017, was $1,403, approximately 2.2% of the median home sale price for October 2018.

The following table compares South Deering 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)
Burnside720-65%$100,000$109,000-8.3%
East Side915-40%$94,000$151,000-37.7%
Gresham2050-60%$83,250$104,250-20.1%
Chatham827-70.4%$80,500$167,000-51.8%
West Pullman1519-21.1%$80,000$50,00060%
South Deering513-61.5%$65,000$45,00044.4%
Back of the Yards623-73.9%$63,500$55,00015.5%
Roseland/Pullman2341-43.9%$60,000$60,0000%
East Chicago Heights 110%$58,500$22,000165.9%
West Garfield Park312-75%$52,000$117,000-55.6%
Washington Park112-91.7%$51,000$72,750-29.9%

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