In April, there were eight homes sold, with a median sale price of $394,500 - a 16.5 percent increase over the $338,750 median sale price for the same period of the previous year. There were 46 homes sold in Norwood Park in April 2021.
The median sales tax in Norwood Park for the most recent year with available data, 2019, was $5,663, approximately 1.4 percent of the median home sale price for April.
The following table compares Norwood Park to other Chicago neighborhood with similar median sale prices in April:
Neighborhood | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Edgebrook | 5 | 12 | -58.3 | $438,000 | $532,500 | -17.7 |
Edison Park | 6 | 28 | -78.6 | $432,500 | $336,500 | 28.5 |
The Loop | 2 | 20 | -90 | $428,000 | $322,500 | 32.7 |
Near West Side | 6 | 54 | -88.9 | $425,000 | $445,000 | -4.5 |
O'Hare | 1 | 13 | -92.3 | $399,000 | $188,500 | 111.7 |
Norwood Park | 8 | 46 | -82.6 | $394,500 | $338,750 | 16.5 |
Portage Park | 11 | 79 | -86.1 | $386,000 | $370,000 | 4.3 |
West Garfield Park | 3 | 22 | -86.4 | $381,000 | $150,750 | 152.7 |
Uptown | 6 | 63 | -90.5 | $379,000 | $315,000 | 20.3 |
Belmont/Cragin | 1 | 48 | -97.9 | $371,000 | $308,500 | 20.3 |
McKinley Park | 1 | 9 | -88.9 | $360,000 | $375,000 | -4 |