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Chicago City Wire

Wednesday, April 24, 2024

Beverly home prices fall in May 2019

Realestate3

The median sale price of a home sold in May 2019 in Beverly, a Chicago neighborhood, fell by $11,750 while total sales decreased by 20%, according to BlockShopper.com.

In May 2019, there were 24 homes sold, with a median sale price of $334,500 - a 3.4% decrease over the $346,250 median sale price for the same period of the previous year. There were 30 homes sold in Beverly in May 2018.

The median sales tax in Beverly for the most recent year with available data, 2018, was $4,993, approximately 1.5% of the median home sale price for May 2019.

The following table compares Beverly to other Chicago neighborhood with similar median sales prices in May 2019:

NeighborhoodMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Portage Park6874-8.1%$362,250$317,50014.1%
Greektown31200%$345,000$360,000-4.2%
Norwood Park3033-9.1%$341,250$287,50018.7%
South Loop 80800%$339,000$352,500-3.8%
University Village / Little Italy171513.3%$338,000$425,000-20.5%
Beverly 2430-20%$334,500$346,250-3.4%
Union Ridge124200%$332,500$261,00027.4%
Jefferson Park343013.3%$325,750$332,500-2%
North Park1721-19%$324,000$362,500-10.6%
Lincoln Square78-12.5%$320,000$530,000-39.6%
Big Oaks38-62.5%$320,000$313,0002.2%

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