In December 2018, there were 12 homes sold, with a median sale price of $350,000 - a 18% decrease over the $427,000 median sale price for the same period of the previous year. There were 29 homes sold in River North in December 2017.
The median sales tax in River North for the most recent year with available data, 2017, was $5,705, approximately 1.6% of the median home sale price for December 2018.
The following table compares River North to other Chicago neighborhood with similar median sales prices in December 2018:
Neighborhood | Dec. 2018 Home Sales | Dec. 2017 Home Sales | % change (Total Home Sales) | Dec. 2018 Median Sales Price | Dec. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Andersonville | 10 | 15 | -33.3% | $420,000 | $470,000 | -10.6% |
Avondale | 16 | 12 | 33.3% | $392,500 | $352,500 | 11.3% |
Bridgeport | 22 | 31 | -29% | $376,500 | $340,000 | 10.7% |
Near West Side | 24 | 40 | -40% | $374,500 | $357,500 | 4.8% |
Ravenswood | 23 | 46 | -50% | $363,000 | $280,000 | 29.6% |
River North | 12 | 29 | -58.6% | $350,000 | $427,000 | -18% |
Kenwood | 8 | 7 | 14.3% | $342,500 | $200,000 | 71.3% |
Norwood Park | 21 | 25 | -16% | $335,000 | $327,500 | 2.3% |
Edison Park | 14 | 14 | 0% | $327,500 | $324,000 | 1.1% |
Heart of Chicago | 11 | 8 | 37.5% | $325,000 | $385,000 | -15.6% |
West Loop | 8 | 11 | -27.3% | $322,500 | $398,000 | -19% |