In May, there were two homes sold, with a median sale price of $209,750 - a 58.9 percent increase over the $132,000 median sale price for the same period of the previous year. There were nine homes sold in Oakland in May 2021.
The median sales tax in Oakland for the most recent year with available data, 2019, was $1,844, approximately 0.9 percent of the median home sale price for May.
The following table compares Oakland 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) |
|---|---|---|---|---|---|---|
| East Merrionette Park | 1 | 5 | -80 | $224,000 | $120,000 | 86.7 |
| Brainerd | 3 | 22 | -86.4 | $222,888 | $161,750 | 37.8 |
| Rogers Park | 6 | 65 | -90.8 | $217,500 | $213,000 | 2.1 |
| Lawndale | 5 | 42 | -88.1 | $210,000 | $236,500 | -11.2 |
| Austin | 17 | 60 | -71.7 | $210,000 | $207,500 | 1.2 |
| Oakland | 2 | 9 | -77.8 | $209,750 | $132,000 | 58.9 |
| Gold Coast | 16 | 91 | -82.4 | $207,500 | $420,000 | -50.6 |
| North Mayfair | 1 | 6 | -83.3 | $205,000 | $335,000 | -38.8 |
| Ashburn | 3 | 20 | -85 | $197,000 | $228,500 | -13.8 |
| Wrightwood | 1 | 5 | -80 | $195,000 | $182,500 | 6.8 |
| Edison Park | 1 | 26 | -96.2 | $190,000 | $377,500 | -49.7 |
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