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Thursday, April 25, 2024

Washington Heights home prices rise in January 2019

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The median sale price of a home sold in January 2019 in Washington Heights, a Chicago neighborhood, rose by $29,250 while total sales decreased by 20%, according to BlockShopper.com.

In January 2019, there were eight homes sold, with a median sale price of $95,250 - a 44.3% increase over the $66,000 median sale price for the same period of the previous year. There were 10 homes sold in Washington Heights in January 2018.

The median sales tax in Washington Heights for the most recent year with available data, 2017, was $1,800, approximately 1.9% of the median home sale price for January 2019.

The following table compares Washington Heights to other Chicago neighborhood with similar median sales prices in January 2019:

NeighborhoodJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
West Garfield Park131030%$125,000$46,500168.8%
Morgan Park 1624-33.3%$125,000$147,500-15.3%
Gresham2958-50%$115,000$90,00027.8%
Washington Park67-14.3%$112,250$125,000-10.2%
Oakland71600%$110,000$72,00052.8%
Washington Heights810-20%$95,250$66,00044.3%
South Deering10100%$86,000$34,000152.9%
Brainerd262030%$81,000$102,750-21.2%
South Shore3135-11.4%$80,000$116,000-31%
Calumet Heights 3143-27.9%$78,000$102,000-23.5%
Back of the Yards1833-45.5%$75,000$73,0002.7%

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