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Chicago City Wire

Monday, November 25, 2024

Median home prices in University Village/Little Italy fell to $282,500 in April

Realestate4

The median sale price of a home sold in April in University Village/Little Italy, a Chicago neighborhood, fell by $96,250 while total sales decreased by 83.3 percent, according to BlockShopper.com.

In April, there were four homes sold, with a median sale price of $282,500 - a 25.4 percent decrease from the $378,750 median sale price for the same period of the previous year. There were 24 homes sold in University Village/Little Italy in April 2021.

The median sales tax in University Village/Little Italy for the most recent year with available data, 2019, was $5,671, approximately two percent of the median home sale price for April.

The following table compares University Village/Little Italy 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)
Big Oaks415-73.3$319,250$330,000-3.3
Galewood215-86.7$306,000$285,0007.4
River North539-87.2$305,000$388,000-21.4
Union Ridge29-77.8$301,000$340,000-11.5
Dunning682-92.7$283,250$303,000-6.5
University Village/Little Italy424-83.3$282,500$378,750-25.4
Edgewater 578-93.6$277,000$217,50027.4
Brighton Park218-88.9$262,750$230,00014.2
Bridgeport230-93.3$259,319$457,500-43.3
West Loop216-87.5$252,500$310,000-18.5
Garfield Ridge536-86.1$250,500$278,250-10

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