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Chicago City Wire

Monday, August 4, 2025

Pricing for the median home in Ravenswood increased during May

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The median sale price of a home sold in May in Ravenswood , a Chicago neighborhood, rose by $24,000 while total sales decreased by 85.5 percent, according to BlockShopper.com.

In May, there were eight homes sold, with a median sale price of $363,000 - a 7.1 percent increase over the $339,000 median sale price for the same period of the previous year. There were 55 homes sold in Ravenswood in May 2021.

The median sales tax in Ravenswood for the most recent year with available data, 2019, was $7,836, approximately 2.2 percent of the median home sale price for May.

The following table compares Ravenswood 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)
Streeterville116-93.8$405,000$615,000-34.1
Near West Side544-88.6$400,000$445,000-10.1
University Village/Little Italy321-85.7$391,000$310,00026.1
Humboldt Park 955-83.6$385,000$377,0002.1
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

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