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Chicago City Wire

Sunday, November 24, 2024

South Chicago home prices rose in April

Realestate4

The median sale price of a home sold in April in South Chicago , a Chicago neighborhood, rose by $17,750 while total sales decreased by 93.9 percent, according to BlockShopper.com.

In April, there were two homes sold, with a median sale price of $137,750 - a 14.8 percent increase over the $120,000 median sale price for the same period of the previous year. There were 33 homes sold in South Chicago in April 2021.

The median sales tax in South Chicago for the most recent year with available data, 2019, was $1,835, approximately 1.3 percent of the median home sale price for April.

The following table compares South Chicago 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)
Rogers Park278-97.4$162,250$215,000-24.5
East Garfield Park225-92$157,500$225,000-30
Burnside137-97.3$155,000$150,0003.3
Morgan Park 435-88.6$152,000$235,000-35.3
Marquette Park337-91.9$144,500$200,000-27.8
South Chicago 233-93.9$137,750$120,00014.8
Chicago Lawn35-40$125,000$255,000-51
Roseland/Pullman1379-83.5$120,000$109,5009.6
Pilsen18-87.5$120,000$520,500-76.9
Englewood1353-75.5$111,000$85,00030.6
Brainerd528-82.1$110,500$166,000-33.4

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