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Thursday, April 25, 2024

Dunning home prices fall in May 2019

Re 11

The median sale price of a home sold in May 2019 in Dunning, a Chicago neighborhood, fell by $8,000 while total sales increased by 3.4%, according to BlockShopper.com.

In May 2019, there were 61 homes sold, with a median sale price of $261,000 - a 3% decrease over the $269,000 median sale price for the same period of the previous year. There were 59 homes sold in Dunning in May 2018.

The median sales tax in Dunning for the most recent year with available data, 2018, was $4,058, approximately 1.6% of the median home sale price for May 2019.

The following table compares Dunning 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)
Boystown605117.6%$280,250$275,0001.9%
Mount Greenwood2531-19.4%$275,000$257,5006.8%
Belmont/Cragin4448-8.3%$273,000$276,000-1.1%
Galewood1115-26.7%$268,500$265,0001.3%
Hermosa 201811.1%$261,250$282,500-7.5%
Dunning61593.4%$261,000$269,000-3%
North Mayfair84100%$260,500$297,500-12.4%
Pilsen111010%$256,000$372,500-31.3%
Gold Coast1289732%$252,500$400,000-36.9%
Hyde Park272317.4%$250,000$170,00047.1%
McKinley Park121020%$248,750$217,50014.4%

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