In May, there were three homes sold, with a median sale price of $250,000 - a 25.4 percent decrease from the $335,000 median sale price for the same period of the previous year. There were 27 homes sold in Belmont/Cragin in May 2021.
The median sales tax in Belmont/Cragin for the most recent year with available data, 2019, was $4,138, approximately 1.7 percent of the median home sale price for May.
The following table compares Belmont/Cragin 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) |
|---|---|---|---|---|---|---|
| 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 |
| Bronzeville | 6 | 37 | -83.8 | $247,500 | $335,000 | -26.1 |
| Little Village | 3 | 24 | -87.5 | $238,000 | $237,250 | 0.3 |
| Edgewater | 5 | 80 | -93.8 | $235,000 | $233,500 | 0.6 |
| Clearing | 2 | 29 | -93.1 | $232,500 | $263,000 | -11.6 |
| West Lincolnwood | 1 | 2 | -50 | $225,000 | $669,250 | -66.4 |
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