In May, there were three homes sold, with a median sale price of $268,000 - a 35 percent decrease from the $412,000 median sale price for the same period of the previous year. There were 43 homes sold in Near North in May 2021.
The median sales tax in Near North for the most recent year with available data, 2019, was $5,269, approximately two percent of the median home sale price for May.
The following table compares Near 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) |
|---|---|---|---|---|---|---|
| Montclare | 4 | 18 | -77.8 | $293,500 | $270,000 | 8.7 |
| The Loop | 4 | 21 | -81 | $290,000 | $325,000 | -10.8 |
| Buena Park | 4 | 39 | -89.7 | $287,000 | $285,000 | 0.7 |
| Brighton Park | 3 | 14 | -78.6 | $280,000 | $273,500 | 2.4 |
| Woodlawn | 4 | 14 | -71.4 | $275,000 | $232,500 | 18.3 |
| Near North | 3 | 43 | -93 | $268,000 | $412,000 | -35 |
| Scottsdale | 4 | 15 | -73.3 | $262,500 | $218,000 | 20.4 |
| Archer Heights | 3 | 9 | -66.7 | $260,000 | $250,000 | 4 |
| Burnside | 7 | 23 | -69.6 | $257,000 | $210,000 | 22.4 |
| Chinatown | 1 | 1 | 0 | $255,000 | $330,000 | -22.7 |
| Belmont/Cragin | 3 | 27 | -88.9 | $250,000 | $335,000 | -25.4 |
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