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Chicago City Wire

Saturday, November 23, 2024

May: Home prices in Logan Square increased

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The median sale price of a home sold in May in Logan Square, a Chicago neighborhood, rose by $168,500 while total sales decreased by 89 percent, according to BlockShopper.com.

In May, there were 12 homes sold, with a median sale price of $580,500 - a 40.9 percent increase over the $412,000 median sale price for the same period of the previous year. There were 109 homes sold in Logan Square in May 2021.

The median sales tax in Logan Square for the most recent year with available data, 2019, was $6,644, approximately 1.1 percent of the median home sale price for May.

The following table compares Logan Square 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)
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
Lincoln Park17197-91.4$535,000$530,0000.9

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