In December 2018, there were 11 homes sold, with a median sale price of $159,000 - a 24.2% increase over the $128,000 median sale price for the same period of the previous year. There were 13 homes sold in Gage Park in December 2017.
The median sales tax in Gage Park for the most recent year with available data, 2017, was $2,077, approximately 1.3% of the median home sale price for December 2018.
The following table compares Gage 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) |
---|---|---|---|---|---|---|
Chicago Lawn | 11 | 13 | -15.4% | $170,000 | $159,000 | 6.9% |
East Merrionette Park | 1 | 3 | -66.7% | $165,000 | $223,500 | -26.2% |
Ashburn | 15 | 23 | -34.8% | $165,000 | $159,000 | 3.8% |
Uptown | 29 | 30 | -3.3% | $165,000 | $291,750 | -43.4% |
Austin | 59 | 54 | 9.3% | $160,000 | $165,000 | -3% |
Gage Park | 11 | 13 | -15.4% | $159,000 | $128,000 | 24.2% |
Near North | 244 | 26 | 838.5% | $148,500 | $331,250 | -55.2% |
Hegewisch | 9 | 8 | 12.5% | $143,500 | $107,500 | 33.5% |
Woodlawn | 18 | 21 | -14.3% | $137,000 | $120,000 | 14.2% |
Lawndale | 34 | 39 | -12.8% | $134,250 | $82,000 | 63.7% |
Oakland | 3 | 6 | -50% | $129,000 | $114,500 | 12.7% |