In April, there were six homes sold, with a median sale price of $356,000 - a 7.7 percent increase over the $330,500 median sale price for the same period of the previous year. There were 96 homes sold in South Loop in April 2021.
The median sales tax in South Loop for the most recent year with available data, 2019, was $4,660, approximately 1.3 percent of the median home sale price for April.
The following table compares South Loop 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) |
---|---|---|---|---|---|---|
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 |
Near North | 8 | 34 | -76.5 | $360,000 | $365,000 | -1.4 |
South Loop | 6 | 96 | -93.8 | $356,000 | $330,500 | 7.7 |
Hermosa | 3 | 25 | -88 | $355,000 | $315,000 | 12.7 |
Heart of Chicago | 1 | 8 | -87.5 | $350,000 | $444,000 | -21.2 |
Jefferson Park | 10 | 35 | -71.4 | $349,000 | $399,000 | -12.5 |
Ravenswood | 5 | 52 | -90.4 | $346,000 | $389,500 | -11.2 |
Ashburn | 2 | 15 | -86.7 | $342,000 | $216,000 | 58.3 |