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Saturday, April 20, 2024

Oakland home prices rise in November 2018

Realestate4

The median sale price of a home sold in November 2018 in Oakland, a Chicago neighborhood, rose by $228,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In November 2018, there were four homes sold, with a median sale price of $363,250 - a 169.6% increase over the $134,750 median sale price for the same period of the previous year. There were six homes sold in Oakland in November 2017.

The median sales tax in Oakland for the most recent year with available data, 2017, was $1,443, approximately 0.4% of the median home sale price for November 2018.

The following table compares Oakland 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)
River North1126-57.7%$396,000$411,000-3.6%
Goose Island81700%$390,250$585,000-33.3%
Near North1923-17.4%$388,000$411,000-5.6%
Avondale1521-28.6%$385,000$362,0006.4%
Edison Park1015-33.3%$368,750$315,00017.1%
Oakland46-33.3%$363,250$134,750169.6%
Irving Park 1929-34.5%$360,000$325,50010.6%
Sauganash811-27.3%$356,250$307,00016%
Forest Glen12-50%$350,000$108,500222.6%
Tri-Taylor13-66.7%$350,000$256,00036.7%
Streeterville6450%$345,500$685,000-49.6%

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