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Monday, November 25, 2024

What happened to the median home price in Bridgeport during April?

Realestate4

The median sale price of a home sold in April in Bridgeport, a Chicago neighborhood, fell by $198,181 while total sales decreased by 93.3 percent, according to BlockShopper.com.

In April, there were two homes sold, with a median sale price of $259,319 - a 43.3 percent decrease from the $457,500 median sale price for the same period of the previous year. There were 30 homes sold in Bridgeport in April 2021.

The median sales tax in Bridgeport for the most recent year with available data, 2019, was $5,607, approximately 2.2 percent of the median home sale price for April.

The following table compares Bridgeport 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)
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
Clearing329-89.7$231,000$261,000-11.5

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