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Chicago City Wire

Monday, November 25, 2024

Median home prices in Jefferson Park fell to $349,000 in April

Realestate077

The median sale price of a home sold in April in Jefferson Park, a Chicago neighborhood, fell by $50,000 while total sales decreased by 71.4 percent, according to BlockShopper.com.

In April, there were 10 homes sold, with a median sale price of $349,000 - a 12.5 percent decrease from the $399,000 median sale price for the same period of the previous year. There were 35 homes sold in Jefferson Park in April 2021.

The median sales tax in Jefferson Park for the most recent year with available data, 2019, was $5,108, approximately 1.5 percent of the median home sale price for April.

The following table compares Jefferson 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)
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
Hermosa 325-88$355,000$315,00012.7
Heart of Chicago18-87.5$350,000$444,000-21.2
Jefferson Park1035-71.4$349,000$399,000-12.5
Ravenswood 552-90.4$346,000$389,500-11.2
Ashburn 215-86.7$342,000$216,00058.3
Gold Coast1280-85$332,500$452,500-26.5
Wicker Park137-97.3$325,000$550,000-40.9
West Rogers Park877-89.6$324,750$290,00012

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