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Chicago City Wire

Saturday, October 18, 2025

Mayfair home prices rise in 2019

Webp re 7

The median sale price of a home sold in 2019 in Mayfair, a Chicago neighborhood, rose by $25,000 while total sales increased by 5.4%, according to BlockShopper.com.

From January through December of 2019, there were 78 homes sold, with a median sale price of $324,500 - a 8.3% increase over the $299,500 median sale price for the previous year. There were 74 homes sold in Mayfair in 2018.

The median sales tax in Mayfair for the most recent year with available data, 2018, was $5,518, approximately 1.7% of the median home sale price for 2019.

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

NeighborhoodJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Bridgeport290318-8.8%$369,000$359,0002.8%
Norwood Park307312-1.6%$330,000$312,7505.5%
Portage Park649730-11.1%$330,000$310,0006.5%
The Loop129422-69.4%$327,500$196,75066.5%
North Park160178-10.1%$325,000$300,0008.3%
Mayfair78745.4%$324,500$299,5008.3%
Edison Park192194-1%$324,000$342,000-5.3%
Pilsen118122-3.3%$323,750$334,500-3.2%
South Loop 7681,272-39.6%$323,000$265,00021.9%
Near North394621-36.6%$320,000$248,00029%
Heart of Chicago746612.1%$320,000$317,5000.8%

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