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Chicago City Wire

Wednesday, April 24, 2024

Logan Square home prices rise in 2019

Re 11

The median sale price of a home sold in 2019 in Logan Square, a Chicago neighborhood, rose by $5,000 while total sales increased by 2.6%, according to BlockShopper.com.

From January through December of 2019, there were 924 homes sold, with a median sale price of $430,000 - a 1.2% increase over the $425,000 median sale price for the previous year. There were 901 homes sold in Logan Square in 2018.

The median sales tax in Logan Square for the most recent year with available data, 2018, was $6,615, approximately 1.5% of the median home sale price for 2019.

The following table compares Logan Square 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)
Noble Square145146-0.7%$475,000$493,750-3.8%
Lakeview 1,2171,470-17.2%$460,000$436,7505.3%
Sauganash120125-4%$449,250$425,0005.7%
River West125140-10.7%$440,000$457,500-3.8%
Andersonville 149193-22.8%$431,000$440,000-2%
Logan Square9249012.6%$430,000$425,0001.2%
Ravenswood 315393-19.8%$420,000$375,00012%
River North307334-8.1%$415,000$397,5004.4%
Goose Island84116-27.6%$410,000$436,250-6%
Avondale227254-10.6%$405,000$390,0003.8%
Greektown2425-4%$397,500$428,000-7.1%

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