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Chicago City Wire

Monday, November 25, 2024

Pricing for the median home in Chatham increased during April

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The median sale price of a home sold in April in Chatham, a Chicago neighborhood, rose by $45,250 while total sales decreased by 93.8 percent, according to BlockShopper.com.

In April, there were two homes sold, with a median sale price of $204,750 - a 28.4 percent increase over the $159,500 median sale price for the same period of the previous year. There were 32 homes sold in Chatham in April 2021.

The median sales tax in Chatham for the most recent year with available data, 2019, was $2,176, approximately 1.1 percent of the median home sale price for April.

The following table compares Chatham 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)
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
Austin 1265-81.5$180,000$265,000-32.1
Buena Park334-91.2$178,000$247,500-28.1

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