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Chicago City Wire

Tuesday, April 23, 2024

East Garfield Park home prices fall in April 2019

Realestate077

The median sale price of a home sold in April 2019 in East Garfield Park, a Chicago neighborhood, fell by $27,500 while total sales decreased by 62.5%, according to BlockShopper.com.

In April 2019, there were nine homes sold, with a median sale price of $135,000 - a 16.9% decrease over the $162,500 median sale price for the same period of the previous year. There were 24 homes sold in East Garfield Park in April 2018.

The median sales tax in East Garfield Park for the most recent year with available data, 2017, was $3,247, approximately 2.4% of the median home sale price for April 2019.

The following table compares East Garfield Park to other Chicago neighborhood with similar median sales prices in April 2019:

NeighborhoodApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
West Hometown56-16.7%$166,500$117,25042%
Little Village272317.4%$165,000$120,00037.5%
Marquette Park1529-48.3%$164,500$93,00076.9%
Calumet Heights 3142-26.2%$148,000$81,50081.6%
Oakland67-14.3%$141,500$160,000-11.6%
East Garfield Park924-62.5%$135,000$162,500-16.9%
Gage Park1416-12.5%$132,750$135,750-2.2%
Morgan Park 281764.7%$124,000$105,50017.5%
Brainerd392650%$115,000$74,00055.4%
O'Hare914-35.7%$111,000$151,000-26.5%
Gresham6670-5.7%$111,000$127,000-12.6%

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