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Chicago City Wire

Tuesday, January 28, 2020

Lincoln Square home prices rise in the first quarter of 2019

Real Estate

By Local Labs News Service | Apr 7, 2019

Re 12

The median sale price of a home sold in the first quarter of 2019 in Lincoln Square, a Chicago neighborhood, rose by $276,500 while total sales decreased by 17.6%, according to BlockShopper.com.

From January through March of 2019, there were 14 homes sold, with a median sale price of $445,000 - a 164.1% increase over the $168,500 median sale price for the same period of the previous year. There were 17 homes sold in Lincoln Square in the first quarter of 2018.

The median sales tax in Lincoln Square for the most recent year with available data, 2018, was $9,337, approximately 2.1% of the median home sale price for the first quarter of 2019.

The following table compares Lincoln Square to other Chicago neighborhood with similar median sales prices in the first quarter of 2019:

Neighborhood
Jan. - Mar. 2019 Home Sales
Jan. - Mar. 2018 Home Sales
% change (Total Home Sales)
Jan. - Mar. 2019 Median Sales Price
Jan. - Mar. 2018 Median Sales Price
% change (Median Sales Price)
Wicker Park
32
49
-34.7%
$496,250
$565,000
-12.2%
West Town
49
63
-22.2%
$480,000
$485,000
-1%
Noble Square
31
33
-6.1%
$475,000
$510,000
-6.9%
Lakeview
213
267
-20.2%
$450,000
$455,000
-1.1%
Edgebrook
18
18
0%
$447,750
$476,500
-6%
Lincoln Square
14
17
-17.6%
$445,000
$168,500
164.1%
River North
60
66
-9.1%
$445,000
$414,750
7.3%
River West
23
27
-14.8%
$445,000
$405,000
9.9%
Wrigleyville
43
76
-43.4%
$420,000
$415,000
1.2%
Sauganash
23
33
-30.3%
$415,000
$302,500
37.2%
Andersonville
28
44
-36.4%
$403,250
$407,500
-1%

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