Chicago City Wire

Chicago City Wire

Tuesday, October 22, 2019

Oriole Park home prices rise in December 2018

Real Estate

By Local Labs News Service | Jan 7, 2019


The median sale price of a home sold in December 2018 in Oriole Park, a Chicago neighborhood, rose by $52,500 while total sales increased by 50%, according to BlockShopper.com.

In December 2018, there were nine homes sold, with a median sale price of $258,000 - a 25.5% increase over the $205,500 median sale price for the same period of the previous year. There were six homes sold in Oriole Park in December 2017.

The median sales tax in Oriole Park for the most recent year with available data, 2017, was $4,074, approximately 1.6% of the median home sale price for December 2018.

The following table compares Oriole Park 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)
North Park
6
15
-60%
$280,000
$285,000
-1.8%
Beverly
13
18
-27.8%
$272,000
$317,500
-14.3%
West Rogers Park
44
80
-45%
$266,250
$235,000
13.3%
Mount Greenwood
22
17
29.4%
$261,500
$264,000
-0.9%
Belmont/Cragin
26
33
-21.2%
$261,000
$265,000
-1.5%
Oriole Park
9
6
50%
$258,000
$205,500
25.5%
Galewood
11
10
10%
$257,500
$268,250
-4%
Streeterville
6
10
-40%
$251,500
$463,000
-45.7%
Wrigleyville
34
37
-8.1%
$250,000
$239,500
4.4%
McKinley Park
11
4
175%
$250,000
$200,250
24.8%
O'Hare
9
7
28.6%
$246,000
$174,000
41.4%

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