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Chicago City Wire

Thursday, April 18, 2024

Portage Park home prices fall in June 2019

Re 12

The median sale price of a home sold in June 2019 in Portage Park, a Chicago neighborhood, fell by $15,000 while total sales increased by 11.3%, according to BlockShopper.com.

In June 2019, there were 79 homes sold, with a median sale price of $310,000 - a 4.6% decrease over the $325,000 median sale price for the same period of the previous year. There were 71 homes sold in Portage Park in June 2018.

The median sales tax in Portage Park for the most recent year with available data, 2018, was $5,003, approximately 1.6% of the median home sale price for June 2019.

The following table compares Portage Park to other Chicago neighborhood with similar median sales prices in June 2019:

NeighborhoodJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Kenwood1011-9.1%$321,500$345,000-6.8%
Jefferson Park3738-2.6%$320,000$326,500-2%
University Village / Little Italy28273.7%$317,500$315,0000.8%
Big Oaks612-50%$317,500$294,0008%
Buena Park2328-17.9%$315,000$191,00064.9%
Portage Park797111.3%$310,000$325,000-4.6%
Albany Park63621.6%$310,000$270,25014.7%
West Rogers Park73695.8%$305,000$280,0008.9%
Montclare14137.7%$299,000$260,00015%
Beverly 3638-5.3%$297,500$284,7504.5%
Boystown3252-38.5%$295,000$279,0005.7%

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