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Friday, April 19, 2024

Irving Park home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Irving Park, a Chicago neighborhood, fell by $14,000 while total sales remained unchanged with 128 homes sold, according to BlockShopper.com.

From April through June of 2019, there were 128 homes sold, with a median sale price of $411,500 - a 3.3% decrease over the $425,500 median sale price for the same period of the previous year. There were 128 homes sold in Irving Park in the second quarter of 2018, as well.

The median sales tax in Irving Park for the most recent year with available data, 2018, was $6,304, approximately 1.5% of the median home sale price for the second quarter of 2019.

The following table compares Irving Park to other Chicago neighborhood with similar median sales prices in the second quarter of 2019:

NeighborhoodApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
River West4243-2.3%$443,500$448,000-1%
Logan Square3022865.6%$437,250$420,0004.1%
Avondale7983-4.8%$423,000$363,00016.5%
Goose Island2729-6.9%$414,000$444,000-6.8%
Andersonville 5260-13.3%$412,500$477,250-13.6%
Irving Park 1281280%$411,500$425,500-3.3%
Streeterville3648-25%$407,500$400,5001.7%
River North95111-14.4%$405,000$400,0001.3%
West Loop5364-17.2%$390,000$366,2506.5%
The Loop35342.9%$388,000$385,0000.8%
West Lincolnwood 82300%$382,500$600,000-36.3%

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