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Chicago City Wire

Tuesday, November 26, 2024

How did home prices perform in Old Town during April?

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The median sale price of a home sold in April in Old Town, a Chicago neighborhood, rose by $130,000 while total sales decreased by 86.4 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median sale price of $565,000 - a 29.9 percent increase over the $435,000 median sale price for the same period of the previous year. There were 22 homes sold in Old Town in April 2021.

The median sales tax in Old Town for the most recent year with available data, 2019, was $5,192, approximately 0.9 percent of the median home sale price for April.

The following table compares Old Town to other Chicago neighborhood with similar median sale prices in April:

NeighborhoodApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Goose Island212-83.3$618,750$469,50031.8
Mayfair24-50$607,250$620,000-2.1
Avondale225-92$602,500$400,00050.6
Irving Park 343-93$600,000$430,00039.5
Lincoln Park20187-89.3$572,500$578,500-1
Old Town322-86.4$565,000$435,00029.9
Roscoe Village 831-74.2$550,000$495,50011
Sauganash313-76.9$550,000$630,000-12.7
Wrigleyville442-90.5$540,000$575,000-6.1
Albany Park665-90.8$526,250$310,00069.8
Humboldt Park 961-85.2$520,000$356,00046.1

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