In May, there were 13 homes sold, with a median sale price of $152,000 - a 10.3 percent decrease from the $169,500 median sale price for the same period of the previous year. There were 58 homes sold in Gresham in May 2021.
The median sales tax in Gresham for the most recent year with available data, 2019, was $1,739, approximately 1.1 percent of the median home sale price for May.
The following table compares Gresham 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) |
|---|---|---|---|---|---|---|
| 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 |
| Gresham | 13 | 58 | -77.6 | $152,000 | $169,500 | -10.3 |
| West Garfield Park | 4 | 8 | -50 | $145,000 | $225,000 | -35.6 |
| O'Hare | 1 | 8 | -87.5 | $141,000 | $478,250 | -70.5 |
| Hyde Park | 2 | 22 | -90.9 | $140,000 | $230,000 | -39.1 |
| Morgan Park | 4 | 24 | -83.3 | $123,500 | $216,000 | -42.8 |
| Canaryville/Fuller Park | 1 | 7 | -85.7 | $115,000 | $176,000 | -34.7 |
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