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Chicago City Wire

Thursday, April 25, 2024

Edison Park home prices rise in December 2018

Realestate1

The median sale price of a home sold in December 2018 in Edison Park, a Chicago neighborhood, rose by $3,500 while total sales remained unchanged with 14 homes sold, according to BlockShopper.com.

In December 2018, there were 14 homes sold, with a median sale price of $327,500 - a 1.1% increase over the $324,000 median sale price for the same period of the previous year. There were 14 homes sold in Edison Park in December 2017, as well.

The median sales tax in Edison Park for the most recent year with available data, 2017, was $5,637, approximately 1.7% of the median home sale price for December 2018.

The following table compares Edison Park 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)
Near West Side2440-40%$374,500$357,5004.8%
Ravenswood 2346-50%$363,000$280,00029.6%
River North1229-58.6%$350,000$427,000-18%
Kenwood8714.3%$342,500$200,00071.3%
Norwood Park2125-16%$335,000$327,5002.3%
Edison Park14140%$327,500$324,0001.1%
Heart of Chicago11837.5%$325,000$385,000-15.6%
West Loop811-27.3%$322,500$398,000-19%
Old Town141127.3%$317,500$315,0000.8%
Albany Park2231-29%$315,000$320,000-1.6%
Humboldt Park 34333%$312,750$269,00016.3%

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