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Chicago City Wire

Thursday, April 25, 2024

Ravenswood home prices rise in December 2019

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The median sale price of a home sold in December 2019 in Ravenswood, a Chicago neighborhood, rose by $134,750 while total sales decreased by 30.4%, according to BlockShopper.com.

In December 2019, there were 16 homes sold, with a median sale price of $497,750 - a 37.1% increase over the $363,000 median sale price for the same period of the previous year. There were 23 homes sold in Ravenswood in December 2018.

The median sales tax in Ravenswood for the most recent year with available data, 2018, was $7,694, approximately 1.5% of the median home sale price for December 2019.

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

NeighborhoodDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
River West56-16.7%$550,000$615,000-10.6%
Andersonville 710-30%$532,500$420,00026.8%
North Center 1017-41.2%$518,750$510,0001.7%
West Town291593.3%$515,000$437,50017.7%
Bucktown31303.3%$510,000$755,000-32.5%
Ravenswood 1623-30.4%$497,750$363,00037.1%
Wicker Park161233.3%$488,500$547,500-10.8%
Lincoln Square23-33.3%$480,500$470,0002.2%
Near West Side1425-44%$467,500$375,00024.7%
Lakeview 7181-12.3%$460,000$421,5009.1%
Avondale916-43.8%$440,000$392,50012.1%

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