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Chicago City Wire

Wednesday, April 24, 2024

West Pullman home prices rise in December 2018

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The median sale price of a home sold in December 2018 in West Pullman, a Chicago neighborhood, rose by $11,000 while total sales remained unchanged with 35 homes sold, according to BlockShopper.com.

In December 2018, there were 35 homes sold, with a median sale price of $46,000 - a 31.4% increase over the $35,000 median sale price for the same period of the previous year. There were 35 homes sold in West Pullman in December 2017, as well.

The median sales tax in West Pullman for the most recent year with available data, 2017, was $1,612, approximately 3.5% of the median home sale price for December 2018.

The following table compares West Pullman 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)
Morgan Park 271942.1%$80,000$190,000-57.9%
Gresham473823.7%$80,000$80,0000%
Burnside262313%$75,750$62,50021.2%
Greater Grand Crossing372927.6%$75,000$70,0007.1%
Roseland/Pullman564719.1%$75,000$59,00027.1%
South Chicago 242114.3%$65,000$70,000-7.1%
South Deering14955.6%$57,500$20,000187.5%
Back of the Yards1828-35.7%$56,500$65,000-13.1%
West Pullman35350%$46,000$35,00031.4%
West Englewood2736-25%$45,500$29,00056.9%
Englewood413228.1%$40,000$59,000-32.2%

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