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Chicago City Wire

Sunday, November 24, 2024

Falling home prices in Buena Park in April

Realestate5

The median sale price of a home sold in April in Buena Park, a Chicago neighborhood, fell by $69,500 while total sales decreased by 91.2 percent, according to BlockShopper.com.

In April, there were three homes sold, with a median sale price of $178,000 - a 28.1 percent decrease from the $247,500 median sale price for the same period of the previous year. There were 34 homes sold in Buena Park in April 2021.

The median sales tax in Buena Park for the most recent year with available data, 2019, was $3,320, approximately 1.9 percent of the median home sale price for April.

The following table compares Buena 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)
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
West Hometown117-94.1$175,000$165,0006.1
Canaryville/Fuller Park26-66.7$173,750$334,750-48.1
Greater Grand Crossing852-84.6$165,500$142,00016.5
Rogers Park278-97.4$162,250$215,000-24.5
East Garfield Park225-92$157,500$225,000-30

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