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Saturday, November 2, 2024

Pricing for the median home in Bucktown increased during May

Realestate2

The median sale price of a home sold in May in Bucktown, a Chicago neighborhood, rose by $35,000 while total sales decreased by 92.5 percent, according to BlockShopper.com.

In May, there were five homes sold, with a median sale price of $585,000 - a 6.4 percent increase over the $550,000 median sale price for the same period of the previous year. There were 67 homes sold in Bucktown in May 2021.

The median sales tax in Bucktown for the most recent year with available data, 2019, was $10,106, approximately 1.7 percent of the median home sale price for May.

The following table compares Bucktown to other Chicago neighborhood with similar median sale prices in May:

NeighborhoodMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Wicker Park229-93.1$991,250$536,00084.9
Old Town134-97.1$901,500$380,000137.2
Wrigleyville242-95.2$865,500$443,50095.2
West Town455-92.7$787,500$473,00066.5
Uptown241-95.1$650,000$320,000103.1
Bucktown567-92.5$585,000$550,0006.4
Logan Square12109-89$580,500$412,00040.9
Greektown14-75$572,000$330,00073.3
Andersonville 212-83.3$570,000$415,00037.3
Edgebrook217-88.2$561,250$530,0005.9
Ukrainian Village 134-97.1$560,000$506,75010.5

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