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Saturday, April 20, 2024

Woodlawn home prices rise in the first half of 2019

Realestate1

The median sale price of a home sold in the first half of 2019 in Woodlawn, a Chicago neighborhood, rose by $35,250 while total sales decreased by 7.6%, according to BlockShopper.com.

From January through June of 2019, there were 122 homes sold, with a median sale price of $170,000 - a 26.2% increase over the $134,750 median sale price for the same period of the previous year. There were 132 homes sold in Woodlawn in the first half of 2018.

The median sales tax in Woodlawn for the most recent year with available data, 2018, was $2,990, approximately 1.8% of the median home sale price for the first half of 2019.

The following table compares Woodlawn to other Chicago neighborhood with similar median sales prices in the first half of 2019:

NeighborhoodJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Ashburn 86105-18.1%$200,000$167,00019.8%
Canaryville/Fuller Park3435-2.9%$200,000$160,00025%
O'Hare504511.1%$194,750$255,000-23.6%
Scottsdale6387-27.6%$187,000$200,000-6.5%
Chicago Lawn4853-9.4%$171,500$122,00040.6%
Woodlawn122132-7.6%$170,000$134,75026.2%
Little Village1311245.6%$170,000$144,50017.6%
Gage Park7399-26.3%$170,000$135,00025.9%
Wrightwood6174-17.6%$170,000$136,00025%
Marquette Park132151-12.6%$165,750$130,00027.5%
Rogers Park29024319.3%$162,000$199,000-18.6%

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