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Chicago City Wire

Tuesday, November 26, 2024

Falling home prices in Sauganash in April

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The median sale price of a home sold in April in Sauganash, a Chicago neighborhood, fell by $80,000 while total sales decreased by 76.9 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median sale price of $550,000 - a 12.7 percent decrease from the $630,000 median sale price for the same period of the previous year. There were 13 homes sold in Sauganash in April 2021.

The median sales tax in Sauganash for the most recent year with available data, 2019, was $7,026, approximately 1.3 percent of the median home sale price for April.

The following table compares Sauganash 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)
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
North Center 534-85.3$500,000$565,000-11.5
Beverly 434-88.2$475,000$310,75052.9

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