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Chicago City Wire

Thursday, April 25, 2024

Hegewisch home prices rise in December 2018

Realestate4

The median sale price of a home sold in December 2018 in Hegewisch, a Chicago neighborhood, rose by $36,000 while total sales increased by 12.5%, according to BlockShopper.com.

In December 2018, there were nine homes sold, with a median sale price of $143,500 - a 33.5% increase over the $107,500 median sale price for the same period of the previous year. There were eight homes sold in Hegewisch in December 2017.

The median sales tax in Hegewisch for the most recent year with available data, 2017, was $2,073, approximately 1.4% of the median home sale price for December 2018.

The following table compares Hegewisch 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)
Ashburn 1523-34.8%$165,000$159,0003.8%
Uptown2930-3.3%$165,000$291,750-43.4%
Austin 59549.3%$160,000$165,000-3%
Gage Park1113-15.4%$159,000$128,00024.2%
Near North24426838.5%$148,500$331,250-55.2%
Hegewisch9812.5%$143,500$107,50033.5%
Woodlawn1821-14.3%$137,000$120,00014.2%
Lawndale3439-12.8%$134,250$82,00063.7%
Oakland36-50%$129,000$114,50012.7%
West Hometown6520%$128,500$118,0008.9%
Chatham171241.7%$125,000$203,500-38.6%

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