In May 2019, there were 13 homes sold, with a median sale price of $475,000 - a 2.3% decrease over the $486,000 median sale price for the same period of the previous year. There were nine homes sold in The Loop in May 2018.
The median sales tax in The Loop for the most recent year with available data, 2018, was $4,485, approximately 0.9% of the median home sale price for May 2019.
The following table compares The Loop to other Chicago neighborhood with similar median sales prices in May 2019:
Neighborhood | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
North Center | 27 | 25 | 8% | $530,000 | $615,000 | -13.8% |
Bucktown | 54 | 54 | 0% | $528,250 | $534,750 | -1.2% |
Ukrainian Village | 35 | 30 | 16.7% | $500,000 | $650,000 | -23.1% |
Edgebrook | 12 | 13 | -7.7% | $485,000 | $435,000 | 11.5% |
Noble Square | 19 | 18 | 5.6% | $480,500 | $483,750 | -0.7% |
The Loop | 13 | 9 | 44.4% | $475,000 | $486,000 | -2.3% |
Lincoln Park | 184 | 158 | 16.5% | $474,000 | $501,000 | -5.4% |
Ravenswood | 35 | 43 | -18.6% | $470,000 | $378,000 | 24.3% |
West Town | 38 | 48 | -20.8% | $467,000 | $444,000 | 5.2% |
Lakeview | 138 | 136 | 1.5% | $465,250 | $450,500 | 3.3% |
Logan Square | 90 | 85 | 5.9% | $455,500 | $380,000 | 19.9% |