In December 2018, there were 17 homes sold, with a median sale price of $125,000 - a 38.6% decrease over the $203,500 median sale price for the same period of the previous year. There were 12 homes sold in Chatham in December 2017.
The median sales tax in Chatham for the most recent year with available data, 2017, was $2,435, approximately 1.9% of the median home sale price for December 2018.
The following table compares Chatham 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) |
---|---|---|---|---|---|---|
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% |
West Hometown | 6 | 5 | 20% | $128,500 | $118,000 | 8.9% |
Chatham | 17 | 12 | 41.7% | $125,000 | $203,500 | -38.6% |
Brainerd | 29 | 27 | 7.4% | $120,000 | $60,500 | 98.3% |
East Side | 13 | 19 | -31.6% | $115,000 | $99,450 | 15.6% |
Calumet Heights | 32 | 36 | -11.1% | $115,000 | $131,000 | -12.2% |
Marquette Park | 35 | 30 | 16.7% | $113,000 | $125,750 | -10.1% |
South Shore | 40 | 40 | 0% | $102,500 | $78,500 | 30.6% |