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Saturday, April 20, 2024

Bucktown home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Bucktown, a Chicago neighborhood, rose by $190,000 while total sales decreased by 35.6%, according to BlockShopper.com.

In December 2018, there were 29 homes sold, with a median sale price of $770,000 - a 32.8% increase over the $580,000 median sale price for the same period of the previous year. There were 45 homes sold in Bucktown in December 2017.

The median sales tax in Bucktown for the most recent year with available data, 2017, was $9,088, approximately 1.2% of the median home sale price for December 2018.

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

NeighborhoodDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Goose Island26-66.7%$845,000$621,00036.1%
Bucktown2945-35.6%$770,000$580,00032.8%
The Loop413-69.2%$742,500$280,000165.2%
Lincoln Park7383-12%$620,000$650,000-4.6%
River West611-45.5%$615,000$580,0006%
Noble Square880%$596,750$520,00014.8%
Greektown12-50%$570,000$428,50033%
Sauganash911-18.2%$560,000$395,00041.8%
North Center 161323.1%$545,000$550,000-0.9%
Ukrainian Village 221457.1%$532,500$550,000-3.2%
Wicker Park1016-37.5%$525,000$630,000-16.7%

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