Quantcast

Chicago City Wire

Saturday, November 2, 2024

How did home prices perform in Calumet Heights during April?

Re 11

The median sale price of a home sold in April in Calumet Heights , a Chicago neighborhood, fell by $180,000 while total sales decreased by 78.3 percent, according to BlockShopper.com.

In April, there were five homes sold, with a median sale price of $70,000 - a 72 percent decrease from the $250,000 median sale price for the same period of the previous year. There were 23 homes sold in Calumet Heights in April 2021.

The median sales tax in Calumet Heights for the most recent year with available data, 2019, was $1,953, approximately 2.8 percent of the median home sale price for April.

The following table compares Calumet Heights 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)
Englewood1353-75.5$111,000$85,00030.6
Brainerd528-82.1$110,500$166,000-33.4
Washington Park34-25$110,000$146,000-24.7
Lawndale351-94.1$105,000$275,000-61.8
Gage Park112-91.7$105,000$220,000-52.3
Gresham960-85$95,000$188,500-49.6
Hegewisch110-90$90,000$168,500-46.6
South Shore1041-75.6$82,500$180,000-54.2
Back of the Yards718-61.1$77,500$97,750-20.7
South Deering417-76.5$75,500$68,50010.2
Calumet Heights 523-78.3$70,000$250,000-72

MORE NEWS