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Chicago City Wire

Monday, November 25, 2024

Home prices increased in Albany Park during April

Realestate3

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Adobe Stock

The median sale price of a home sold in April in Albany Park, a Chicago neighborhood, rose by $216,250 while total sales decreased by 90.8 percent, according to BlockShopper.com.

In April, there were six homes sold, with a median sale price of $526,250 - a 69.8 percent increase over the $310,000 median sale price for the same period of the previous year. There were 65 homes sold in Albany Park in April 2021.

The median sales tax in Albany Park for the most recent year with available data, 2019, was $5,314, approximately one percent of the median home sale price for April.

The following table compares Albany Park 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)
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
Andersonville 318-83.3$470,000$365,00028.8
North Park322-86.4$455,000$252,50080.2

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