In May, there were six homes sold, with a median sale price of $185,000 - a 60.9 percent increase over the $115,000 median sale price for the same period of the previous year. There were 27 homes sold in South Chicago in May 2021.
The median sales tax in South Chicago for the most recent year with available data, 2019, was $1,835, approximately one percent of the median home sale price for May.
The following table compares South Chicago 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) |
|---|---|---|---|---|---|---|
| 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 |
| Hegewisch | 3 | 4 | -25 | $185,000 | $180,500 | 2.5 |
| West Rogers Park | 7 | 82 | -91.5 | $185,000 | $228,500 | -19 |
| South Chicago | 6 | 27 | -77.8 | $185,000 | $115,000 | 60.9 |
| Back of the Yards | 2 | 24 | -91.7 | $180,000 | $145,000 | 24.1 |
| East Garfield Park | 2 | 15 | -86.7 | $169,500 | $280,000 | -39.5 |
| West Hometown | 1 | 4 | -75 | $167,000 | $167,500 | -0.3 |
| Calumet Heights | 7 | 27 | -74.1 | $165,000 | $200,000 | -17.5 |
| Oriole Park | 2 | 6 | -66.7 | $155,000 | $339,500 | -54.3 |
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