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Chicago City Wire

Monday, August 4, 2025

May: Bronzeville experienced a 26.1% drop in median home prices

Webp realestate2

The median sale price of a home sold in May in Bronzeville, a Chicago neighborhood, fell by $87,500 while total sales decreased by 83.8 percent, according to BlockShopper.com.

In May, there were six homes sold, with a median sale price of $247,500 - a 26.1 percent decrease from the $335,000 median sale price for the same period of the previous year. There were 37 homes sold in Bronzeville in May 2021.

The median sales tax in Bronzeville for the most recent year with available data, 2019, was $3,242, approximately 1.3 percent of the median home sale price for May.

The following table compares Bronzeville 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)
Scottsdale415-73.3$262,500$218,00020.4
Archer Heights39-66.7$260,000$250,0004
Burnside723-69.6$257,000$210,00022.4
Chinatown110$255,000$330,000-22.7
Belmont/Cragin327-88.9$250,000$335,000-25.4
Bronzeville637-83.8$247,500$335,000-26.1
Little Village324-87.5$238,000$237,2500.3
Edgewater 580-93.8$235,000$233,5000.6
Clearing229-93.1$232,500$263,000-11.6
West Lincolnwood 12-50$225,000$669,250-66.4
Pilsen16-83.3$225,000$542,500-58.5

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