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Chicago City Wire

Monday, August 4, 2025

May: Home prices in Clearing fell

Webp realestate1

The median sale price of a home sold in May in Clearing, a Chicago neighborhood, fell by $30,500 while total sales decreased by 93.1 percent, according to BlockShopper.com.

In May, there were two homes sold, with a median sale price of $232,500 - an 11.6 percent decrease from the $263,000 median sale price for the same period of the previous year. There were 29 homes sold in Clearing in May 2021.

The median sales tax in Clearing for the most recent year with available data, 2019, was $3,457, approximately 1.5 percent of the median home sale price for May.

The following table compares Clearing 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)
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
East Merrionette Park15-80$224,000$120,00086.7
Brainerd322-86.4$222,888$161,75037.8
Rogers Park665-90.8$217,500$213,0002.1

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