Quantcast

Chicago City Wire

Monday, August 4, 2025

May: Montclare experienced an 8.7% increase in median home prices

Webp realestate1

The median sale price of a home sold in May in Montclare, a Chicago neighborhood, rose by $23,500 while total sales decreased by 77.8 percent, according to BlockShopper.com.

In May, there were four homes sold, with a median sale price of $293,500 - an 8.7 percent increase over the $270,000 median sale price for the same period of the previous year. There were 18 homes sold in Montclare in May 2021.

The median sales tax in Montclare for the most recent year with available data, 2019, was $4,006, approximately 1.4 percent of the median home sale price for May.

The following table compares Montclare 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)
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
Garfield Ridge744-84.1$295,000$296,250-0.4
Montclare418-77.8$293,500$270,0008.7
The Loop421-81$290,000$325,000-10.8
Buena Park439-89.7$287,000$285,0000.7
Brighton Park314-78.6$280,000$273,5002.4
Woodlawn414-71.4$275,000$232,50018.3
Near North343-93$268,000$412,000-35

MORE NEWS