Quantcast

Chicago City Wire

Monday, November 25, 2024

April: Home prices in West Garfield Park increased

Re 5

The median sale price of a home sold in April in West Garfield Park, a Chicago neighborhood, rose by $230,250 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 $381,000 - a 152.7 percent increase over the $150,750 median sale price for the same period of the previous year. There were 22 homes sold in West Garfield Park in April 2021.

The median sales tax in West Garfield Park for the most recent year with available data, 2019, was $2,374, approximately 0.6 percent of the median home sale price for April.

The following table compares West Garfield 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)
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
Portage Park1179-86.1$386,000$370,0004.3
West Garfield Park322-86.4$381,000$150,750152.7
Uptown663-90.5$379,000$315,00020.3
Belmont/Cragin148-97.9$371,000$308,50020.3
McKinley Park19-88.9$360,000$375,000-4
Near North834-76.5$360,000$365,000-1.4
South Loop 696-93.8$356,000$330,5007.7

MORE NEWS