In May, there were five homes sold, with a median sale price of $405,000 - a 24 percent increase over the $326,500 median sale price for the same period of the previous year. There were 38 homes sold in River North in May 2021.
The median sales tax in River North for the most recent year with available data, 2019, was $6,542, approximately 1.6 percent of the median home sale price for May.
The following table compares River North to other Chicago neighborhood with similar median sale prices in May:
| Neighborhood | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Albany Park | 6 | 72 | -91.7 | $430,250 | $332,500 | 29.4 |
| South Loop | 6 | 97 | -93.8 | $428,750 | $383,500 | 11.8 |
| Norwood Park | 10 | 34 | -70.6 | $413,750 | $387,000 | 6.9 |
| Boystown | 5 | 56 | -91.1 | $410,000 | $249,500 | 64.3 |
| Portage Park | 8 | 81 | -90.1 | $407,500 | $390,000 | 4.5 |
| River North | 5 | 38 | -86.8 | $405,000 | $326,500 | 24 |
| Streeterville | 1 | 16 | -93.8 | $405,000 | $615,000 | -34.1 |
| Near West Side | 5 | 44 | -88.6 | $400,000 | $445,000 | -10.1 |
| University Village/Little Italy | 3 | 21 | -85.7 | $391,000 | $310,000 | 26.1 |
| Humboldt Park | 9 | 55 | -83.6 | $385,000 | $377,000 | 2.1 |
| Tri-Taylor | 1 | 4 | -75 | $370,000 | $243,000 | 52.3 |
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