In May, there were four homes sold, with a median sale price of $123,500 - a 42.8 percent decrease from the $216,000 median sale price for the same period of the previous year. There were 24 homes sold in Morgan Park in May 2021.
The median sales tax in Morgan Park for the most recent year with available data, 2019, was $2,639, approximately 2.1 percent of the median home sale price for May.
The following table compares Morgan Park 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) |
|---|---|---|---|---|---|---|
| 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 |
| Chatham | 3 | 24 | -87.5 | $112,000 | $214,000 | -47.7 |
| South Shore | 5 | 29 | -82.8 | $110,000 | $185,000 | -40.5 |
| East Side | 4 | 20 | -80 | $105,500 | $130,500 | -19.2 |
| Greater Grand Crossing | 7 | 38 | -81.6 | $105,000 | $135,000 | -22.2 |
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