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Chicago City Wire

Friday, April 19, 2024

South Deering home prices rise in May 2019

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The median sale price of a home sold in May 2019 in South Deering, a Chicago neighborhood, rose by $16,250 while total sales decreased by 41.2%, according to BlockShopper.com.

In May 2019, there were 10 homes sold, with a median sale price of $56,250 - a 40.6% increase over the $40,000 median sale price for the same period of the previous year. There were 17 homes sold in South Deering in May 2018.

The median sales tax in South Deering for the most recent year with available data, 2018, was $1,346, approximately 2.4% of the median home sale price for May 2019.

The following table compares South Deering 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)
Burnside242114.3%$87,500$92,000-4.9%
East Side171513.3%$80,000$106,000-24.5%
Chatham2411118.2%$80,000$160,000-50%
West Garfield Park615-60%$76,500$80,000-4.4%
West Pullman472962.1%$64,000$43,00048.8%
South Deering1017-41.2%$56,250$40,00040.6%
West Englewood2832-12.5%$55,500$41,00035.4%
South Chicago 272412.5%$53,000$107,500-50.7%
Englewood3839-2.6%$48,000$45,0006.7%
Kenwood15147.1%$33,000$294,750-88.8%
East Chicago Heights 31200%$20,000$55,000-63.6%

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