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Chicago City Wire

Tuesday, November 26, 2024

North Park home prices rose in April

Re 1

The median sale price of a home sold in April in North Park, a Chicago neighborhood, rose by $202,500 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 $455,000 - an 80.2 percent increase over the $252,500 median sale price for the same period of the previous year. There were 22 homes sold in North Park in April 2021.

The median sales tax in North Park for the most recent year with available data, 2019, was $5,329, approximately 1.2 percent of the median home sale price for April.

The following table compares North 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)
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
Logan Square9114-92.1$455,000$442,0002.9
Tri-Taylor36-50$451,000$482,500-6.5
Edgebrook512-58.3$438,000$532,500-17.7
Edison Park628-78.6$432,500$336,50028.5
The Loop220-90$428,000$322,50032.7

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