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Chicago City Wire

Monday, November 25, 2024

April: Little Village experienced an 11.4% increase in median home prices

Realestate2

The median sale price of a home sold in April in Little Village, a Chicago neighborhood, rose by $22,250 while total sales decreased by 77.8 percent, according to BlockShopper.com.

In April, there were six homes sold, with a median sale price of $217,250 - an 11.4 percent increase over the $195,000 median sale price for the same period of the previous year. There were 27 homes sold in Little Village in April 2021.

The median sales tax in Little Village for the most recent year with available data, 2019, was $2,354, approximately 1.1 percent of the median home sale price for April.

The following table compares Little Village 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)
West Lawn522-77.3$230,000$230,0000
West Elsdon414-71.4$227,250$239,750-5.2
Oriole Park113-92.3$227,000$312,000-27.2
Boystown4128-96.9$224,000$188,50018.8
West Englewood433-87.9$217,500$70,000210.7
Little Village627-77.8$217,250$195,00011.4
Bronzeville341-92.7$215,000$245,500-12.4
Chatham232-93.8$204,750$159,50028.4
East Side321-85.7$187,000$150,00024.7
West Pullman659-89.8$186,000$104,00078.8
Wrightwood311-72.7$180,000$175,0002.9

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