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Saturday, April 20, 2024

Pilsen home prices rise in November 2018

Re 12

The median sale price of a home sold in November 2018 in Pilsen, a Chicago neighborhood, rose by $280,000 while total sales decreased by 30.8%, according to BlockShopper.com.

In November 2018, there were nine homes sold, with a median sale price of $650,000 - a 75.7% increase over the $370,000 median sale price for the same period of the previous year. There were 13 homes sold in Pilsen in November 2017.

The median sales tax in Pilsen for the most recent year with available data, 2017, was $4,594, approximately 0.7% of the median home sale price for November 2018.

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

NeighborhoodNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Bucktown1427-48.1%$760,000$550,00038.2%
Lincoln Square27-71.4%$662,500$490,00035.2%
Pilsen913-30.8%$650,000$370,00075.7%
Greektown14-75%$647,500$471,25037.4%
North Center 1620-20%$622,500$623,500-0.2%
Wrigleyville421-81%$604,500$575,0005.1%
Lincoln Park7081-13.6%$574,500$494,00016.3%
Roscoe Village 814-42.9%$555,000$472,50017.5%
Edgebrook9580%$530,000$503,0005.4%
Wicker Park1217-29.4%$513,250$440,00016.6%
Lakeview 6289-30.3%$480,000$425,00012.9%

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