In April, there were five homes sold, with a median sale price of $305,000 - a 21.4 percent decrease from the $388,000 median sale price for the same period of the previous year. There were 39 homes sold in River North in April 2021.
The median sales tax in River North for the most recent year with available data, 2019, was $6,542, approximately 2.1 percent of the median home sale price for April.
The following table compares River North 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) |
---|---|---|---|---|---|---|
Gold Coast | 12 | 80 | -85 | $332,500 | $452,500 | -26.5 |
Wicker Park | 1 | 37 | -97.3 | $325,000 | $550,000 | -40.9 |
West Rogers Park | 8 | 77 | -89.6 | $324,750 | $290,000 | 12 |
Big Oaks | 4 | 15 | -73.3 | $319,250 | $330,000 | -3.3 |
Galewood | 2 | 15 | -86.7 | $306,000 | $285,000 | 7.4 |
River North | 5 | 39 | -87.2 | $305,000 | $388,000 | -21.4 |
Union Ridge | 2 | 9 | -77.8 | $301,000 | $340,000 | -11.5 |
Dunning | 6 | 82 | -92.7 | $283,250 | $303,000 | -6.5 |
University Village/Little Italy | 4 | 24 | -83.3 | $282,500 | $378,750 | -25.4 |
Edgewater | 5 | 78 | -93.6 | $277,000 | $217,500 | 27.4 |
Brighton Park | 2 | 18 | -88.9 | $262,750 | $230,000 | 14.2 |