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Chicago City Wire

Friday, April 10, 2020

Avondale home prices rise in December 2019

Real Estate

By Metric Media News Service | Jan 7, 2020

Re 5

The median sale price of a home sold in December 2019 in Avondale, a Chicago neighborhood, rose by $47,500 while total sales decreased by 43.8%, according to BlockShopper.com.

In December 2019, there were nine homes sold, with a median sale price of $440,000 - a 12.1% increase over the $392,500 median sale price for the same period of the previous year. There were 16 homes sold in Avondale in December 2018.

The median sales tax in Avondale for the most recent year with available data, 2018, was $6,476, approximately 1.5% of the median home sale price for December 2019.

The following table compares Avondale to other Chicago neighborhood with similar median sales prices in December 2019:

Neighborhood
Dec. 2019 Home Sales
Dec. 2018 Home Sales
% change (Total Home Sales)
Dec. 2019 Median Sales Price
Dec. 2018 Median Sales Price
% change (Median Sales Price)
Ravenswood
16
23
-30.4%
$497,750
$363,000
37.1%
Wicker Park
16
12
33.3%
$488,500
$547,500
-10.8%
Lincoln Square
2
3
-33.3%
$480,500
$470,000
2.2%
Near West Side
14
25
-44%
$467,500
$375,000
24.7%
Lakeview
71
81
-12.3%
$460,000
$421,500
9.1%
Avondale
9
16
-43.8%
$440,000
$392,500
12.1%
Logan Square
60
72
-16.7%
$435,000
$440,000
-1.1%
River North
20
12
66.7%
$410,500
$350,000
17.3%
Tri-Taylor
2
4
-50%
$408,750
$212,500
92.4%
Goose Island
2
2
0%
$396,750
$845,000
-53%
Irving Park
25
29
-13.8%
$395,000
$285,000
38.6%

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