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Monday, August 4, 2025

How did home prices perform in Galewood during May?

Webp realestate5

The median sale price of a home sold in May in Galewood, a Chicago neighborhood, fell by $26,000 while total sales decreased by 75 percent, according to BlockShopper.com.

In May, there were three homes sold, with a median sale price of $329,000 - a 7.3 percent decrease from the $355,000 median sale price for the same period of the previous year. There were 12 homes sold in Galewood in May 2021.

The median sales tax in Galewood for the most recent year with available data, 2019, was $4,344, approximately 1.3 percent of the median home sale price for May.

The following table compares Galewood 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)
Tri-Taylor14-75$370,000$243,00052.3
Ravenswood 855-85.5$363,000$339,0007.1
Bridgeport530-83.3$360,000$357,5000.7
Goose Island111-90.9$357,000$438,000-18.5
Union Ridge29-77.8$347,000$335,0003.6
Galewood312-75$329,000$355,000-7.3
Dunning1162-82.3$315,000$331,750-5
West Elsdon18-87.5$310,000$271,50014.2
Sauganash212-83.3$305,750$458,250-33.3
River West116-93.8$300,000$515,000-41.7
Irving Park 746-84.8$297,000$457,500-35.1

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