Quantcast

Chicago City Wire

Monday, November 25, 2024

Falling home prices in Edgebrook in April

Re 5

The median sale price of a home sold in April in Edgebrook, a Chicago neighborhood, fell by $94,500 while total sales decreased by 58.3 percent, according to BlockShopper.com.

In April, there were five homes sold, with a median sale price of $438,000 - a 17.7 percent decrease from the $532,500 median sale price for the same period of the previous year. There were 12 homes sold in Edgebrook in April 2021.

The median sales tax in Edgebrook for the most recent year with available data, 2019, was $8,120, approximately 1.9 percent of the median home sale price for April.

The following table compares Edgebrook 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)
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
Near West Side654-88.9$425,000$445,000-4.5
O'Hare113-92.3$399,000$188,500111.7
Norwood Park846-82.6$394,500$338,75016.5

MORE NEWS