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Chicago City Wire

Monday, August 4, 2025

May: Ashburn experienced a 13.8% drop in median home prices

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The median sale price of a home sold in May in Ashburn , a Chicago neighborhood, fell by $31,500 while total sales decreased by 85 percent, according to BlockShopper.com.

In May, there were three homes sold, with a median sale price of $197,000 - a 13.8 percent decrease from the $228,500 median sale price for the same period of the previous year. There were 20 homes sold in Ashburn in May 2021.

The median sales tax in Ashburn for the most recent year with available data, 2019, was $2,466, approximately 1.3 percent of the median home sale price for May.

The following table compares Ashburn 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)
Lawndale542-88.1$210,000$236,500-11.2
Austin 1760-71.7$210,000$207,5001.2
Oakland29-77.8$209,750$132,00058.9
Gold Coast1691-82.4$207,500$420,000-50.6
North Mayfair16-83.3$205,000$335,000-38.8
Ashburn 320-85$197,000$228,500-13.8
Wrightwood15-80$195,000$182,5006.8
Edison Park126-96.2$190,000$377,500-49.7
Hegewisch34-25$185,000$180,5002.5
West Rogers Park782-91.5$185,000$228,500-19
South Chicago 627-77.8$185,000$115,00060.9

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