In May 2019, there were seven homes sold, with a median sale price of $248,000 - a 71% increase over the $145,000 median sale price for the same period of the previous year. There were 25 homes sold in Gage Park in May 2018.
The median sales tax in Gage Park for the most recent year with available data, 2018, was $2,149, approximately 0.9% of the median home sale price for May 2019.
The following table compares Gage Park 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) |
|---|---|---|---|---|---|---|
| Pilsen | 11 | 10 | 10% | $256,000 | $372,500 | -31.3% |
| Gold Coast | 128 | 97 | 32% | $252,500 | $400,000 | -36.9% |
| Hyde Park | 27 | 23 | 17.4% | $250,000 | $170,000 | 47.1% |
| McKinley Park | 12 | 10 | 20% | $248,750 | $217,500 | 14.4% |
| Archer Heights | 14 | 17 | -17.6% | $248,000 | $220,000 | 12.7% |
| Gage Park | 7 | 25 | -72% | $248,000 | $145,000 | 71% |
| Garfield Ridge | 38 | 50 | -24% | $245,250 | $217,500 | 12.8% |
| Buena Park | 35 | 24 | 45.8% | $245,000 | $320,000 | -23.4% |
| Clearing | 17 | 26 | -34.6% | $245,000 | $226,500 | 8.2% |
| Montclare | 10 | 24 | -58.3% | $240,750 | $290,000 | -17% |
| Chinatown | 1 | 0 | - | $235,000 | $0 | - |
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