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Saturday, April 20, 2024

Montclare home prices rise 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 Montclare, a Chicago neighborhood, rose by $24,000 while total sales decreased by 18.6%, according to BlockShopper.com.

From April through June of 2019, there were 35 homes sold, with a median sale price of $285,000 - a 9.2% increase over the $261,000 median sale price for the same period of the previous year. There were 43 homes sold in Montclare in the second quarter of 2018.

The median sales tax in Montclare for the most recent year with available data, 2018, was $4,001, approximately 1.4% of the median home sale price for the second quarter of 2019.

The following table compares Montclare 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)
Mayfair2628-7.1%$312,000$317,000-1.6%
Union Ridge312524%$305,000$280,0008.9%
Kenwood32313.2%$301,250$316,000-4.7%
Albany Park155171-9.4%$295,000$270,0009.3%
North Mayfair15150%$286,000$285,0000.4%
Montclare3543-18.6%$285,000$261,0009.2%
Forest Glen161060%$284,500$266,2506.9%
Pilsen2328-17.9%$283,000$360,250-21.4%
Boystown129145-11%$279,000$253,00010.3%
Galewood2440-40%$277,500$273,7501.4%
Heart of Chicago241741.2%$277,000$300,000-7.7%

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