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:
Neighborhood | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bridgeport | 290 | 318 | -8.8% | $369,000 | $359,000 | 2.8% |
Norwood Park | 307 | 312 | -1.6% | $330,000 | $312,750 | 5.5% |
Portage Park | 649 | 730 | -11.1% | $330,000 | $310,000 | 6.5% |
The Loop | 129 | 422 | -69.4% | $327,500 | $196,750 | 66.5% |
North Park | 160 | 178 | -10.1% | $325,000 | $300,000 | 8.3% |
Mayfair | 78 | 74 | 5.4% | $324,500 | $299,500 | 8.3% |
Edison Park | 192 | 194 | -1% | $324,000 | $342,000 | -5.3% |
Pilsen | 118 | 122 | -3.3% | $323,750 | $334,500 | -3.2% |
South Loop | 768 | 1,272 | -39.6% | $323,000 | $265,000 | 21.9% |
Near North | 394 | 621 | -36.6% | $320,000 | $248,000 | 29% |
Heart of Chicago | 74 | 66 | 12.1% | $320,000 | $317,500 | 0.8% |