In May, there were three homes sold, with a median sale price of $391,000 - a 26.1 percent increase over the $310,000 median sale price for the same period of the previous year. There were 21 homes sold in University Village/Little Italy in May 2021.
The median sales tax in University Village/Little Italy for the most recent year with available data, 2019, was $5,671, approximately 1.5 percent of the median home sale price for May.
The following table compares University Village/Little Italy 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) |
|---|---|---|---|---|---|---|
| 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 |
| Ravenswood | 8 | 55 | -85.5 | $363,000 | $339,000 | 7.1 |
| Bridgeport | 5 | 30 | -83.3 | $360,000 | $357,500 | 0.7 |
| Goose Island | 1 | 11 | -90.9 | $357,000 | $438,000 | -18.5 |
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