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Chicago City Wire

Monday, November 25, 2024

April: Brighton Park experienced a 14.2% increase in median home prices

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The median sale price of a home sold in April in Brighton Park, a Chicago neighborhood, rose by $32,750 while total sales decreased by 88.9 percent, according to BlockShopper.com.

In April, there were two homes sold, with a median sale price of $262,750 - a 14.2 percent increase over the $230,000 median sale price for the same period of the previous year. There were 18 homes sold in Brighton Park in April 2021.

The median sales tax in Brighton Park for the most recent year with available data, 2019, was $2,970, approximately 1.1 percent of the median home sale price for April.

The following table compares Brighton 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)
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
Hyde Park123-95.7$241,500$170,00042.1
Mount Greenwood326-88.5$238,000$253,500-6.1

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