In April, there were nine homes sold, with a median sale price of $95,000 - a 49.6 percent decrease from the $188,500 median sale price for the same period of the previous year. There were 60 homes sold in Gresham in April 2021.
The median sales tax in Gresham for the most recent year with available data, 2019, was $1,739, approximately 1.8 percent of the median home sale price for April.
The following table compares Gresham 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) |
---|---|---|---|---|---|---|
Englewood | 13 | 53 | -75.5 | $111,000 | $85,000 | 30.6 |
Brainerd | 5 | 28 | -82.1 | $110,500 | $166,000 | -33.4 |
Washington Park | 3 | 4 | -25 | $110,000 | $146,000 | -24.7 |
Lawndale | 3 | 51 | -94.1 | $105,000 | $275,000 | -61.8 |
Gage Park | 1 | 12 | -91.7 | $105,000 | $220,000 | -52.3 |
Gresham | 9 | 60 | -85 | $95,000 | $188,500 | -49.6 |
Hegewisch | 1 | 10 | -90 | $90,000 | $168,500 | -46.6 |
South Shore | 10 | 41 | -75.6 | $82,500 | $180,000 | -54.2 |
Back of the Yards | 7 | 18 | -61.1 | $77,500 | $97,750 | -20.7 |
South Deering | 4 | 17 | -76.5 | $75,500 | $68,500 | 10.2 |
Calumet Heights | 5 | 23 | -78.3 | $70,000 | $250,000 | -72 |