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Chicago City Wire

Saturday, November 23, 2024

Lincoln Park median home prices rose by 0.9% in May

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The median sale price of a home sold in May in Lincoln Park, a Chicago neighborhood, rose by $5,000 while total sales decreased by 91.4 percent, according to BlockShopper.com.

In May, there were 17 homes sold, with a median sale price of $535,000 - a 0.9 percent increase over the $530,000 median sale price for the same period of the previous year. There were 197 homes sold in Lincoln Park in May 2021.

The median sales tax in Lincoln Park for the most recent year with available data, 2019, was $8,421, approximately 1.6 percent of the median home sale price for May.

The following table compares Lincoln Park 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)
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
North Park216-87.5$504,750$364,50038.5
Mayfair24-50$489,500$422,50015.9
Beverly 125-96$482,500$420,00014.9
Noble Square124-95.8$475,000$560,000-15.2
Big Oaks110-90$465,000$264,00076.1

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