In April, there were two homes sold, with a median sale price of $252,500 - an 18.5 percent decrease from the $310,000 median sale price for the same period of the previous year. There were 16 homes sold in West Loop in April 2021.
The median sales tax in West Loop for the most recent year with available data, 2019, was $5,277, approximately 2.1 percent of the median home sale price for April.
The following table compares West Loop 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) |
---|---|---|---|---|---|---|
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 |
Bridgeport | 2 | 30 | -93.3 | $259,319 | $457,500 | -43.3 |
West Loop | 2 | 16 | -87.5 | $252,500 | $310,000 | -18.5 |
Garfield Ridge | 5 | 36 | -86.1 | $250,500 | $278,250 | -10 |
Hyde Park | 1 | 23 | -95.7 | $241,500 | $170,000 | 42.1 |
Mount Greenwood | 3 | 26 | -88.5 | $238,000 | $253,500 | -6.1 |
Clearing | 3 | 29 | -89.7 | $231,000 | $261,000 | -11.5 |
West Lawn | 5 | 22 | -77.3 | $230,000 | $230,000 | 0 |