Quantcast

Chicago City Wire

Monday, November 25, 2024

April: Ashburn experienced a 58.3% increase in median home prices

Re 7

The median sale price of a home sold in April in Ashburn , a Chicago neighborhood, rose by $126,000 while total sales decreased by 86.7 percent, according to BlockShopper.com.

In April, there were two homes sold, with a median sale price of $342,000 - a 58.3 percent increase over the $216,000 median sale price for the same period of the previous year. There were 15 homes sold in Ashburn in April 2021.

The median sales tax in Ashburn for the most recent year with available data, 2019, was $2,466, approximately 0.7 percent of the median home sale price for April.

The following table compares Ashburn 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)
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
Big Oaks415-73.3$319,250$330,000-3.3
Galewood215-86.7$306,000$285,0007.4

MORE NEWS