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Thursday, April 18, 2024

Brainerd home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Brainerd, a Chicago neighborhood, rose by $59,500 while total sales increased by 7.4%, according to BlockShopper.com.

In December 2018, there were 29 homes sold, with a median sale price of $120,000 - a 98.3% increase over the $60,500 median sale price for the same period of the previous year. There were 27 homes sold in Brainerd in December 2017.

The median sales tax in Brainerd for the most recent year with available data, 2017, was $1,988, approximately 1.7% of the median home sale price for December 2018.

The following table compares Brainerd 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)
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%
Brainerd29277.4%$120,000$60,50098.3%
East Side1319-31.6%$115,000$99,45015.6%
Calumet Heights 3236-11.1%$115,000$131,000-12.2%
Marquette Park353016.7%$113,000$125,750-10.1%
South Shore40400%$102,500$78,50030.6%
West Garfield Park1115-26.7%$95,000$49,00093.9%

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