In April, there were four homes sold, with a median sale price of $152,000 - a 35.3 percent decrease from the $235,000 median sale price for the same period of the previous year. There were 35 homes sold in Morgan Park in April 2021.
The median sales tax in Morgan Park for the most recent year with available data, 2019, was $2,639, approximately 1.7 percent of the median home sale price for April.
The following table compares Morgan Park 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) |
---|---|---|---|---|---|---|
Canaryville/Fuller Park | 2 | 6 | -66.7 | $173,750 | $334,750 | -48.1 |
Greater Grand Crossing | 8 | 52 | -84.6 | $165,500 | $142,000 | 16.5 |
Rogers Park | 2 | 78 | -97.4 | $162,250 | $215,000 | -24.5 |
East Garfield Park | 2 | 25 | -92 | $157,500 | $225,000 | -30 |
Burnside | 1 | 37 | -97.3 | $155,000 | $150,000 | 3.3 |
Morgan Park | 4 | 35 | -88.6 | $152,000 | $235,000 | -35.3 |
Marquette Park | 3 | 37 | -91.9 | $144,500 | $200,000 | -27.8 |
South Chicago | 2 | 33 | -93.9 | $137,750 | $120,000 | 14.8 |
Chicago Lawn | 3 | 5 | -40 | $125,000 | $255,000 | -51 |
Roseland/Pullman | 13 | 79 | -83.5 | $120,000 | $109,500 | 9.6 |
Pilsen | 1 | 8 | -87.5 | $120,000 | $520,500 | -76.9 |