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Chicago City Wire

Monday, August 4, 2025

Falling home prices in Washington Heights in May

Webp re 10

The median sale price of a home sold in May in Washington Heights, a Chicago neighborhood, fell by $135,000 while total sales decreased by 42.9 percent, according to BlockShopper.com.

In May, there were four homes sold, with a median sale price of $95,000 - a 58.7 percent decrease from the $230,000 median sale price for the same period of the previous year. There were seven homes sold in Washington Heights in May 2021.

The median sales tax in Washington Heights for the most recent year with available data, 2019, was $1,386, approximately 1.5 percent of the median home sale price for May.

The following table compares Washington Heights 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)
Chatham324-87.5$112,000$214,000-47.7
South Shore529-82.8$110,000$185,000-40.5
East Side420-80$105,500$130,500-19.2
Greater Grand Crossing738-81.6$105,000$135,000-22.2
Roseland/Pullman1461-77$95,000$115,000-17.4
Washington Heights47-42.9$95,000$230,000-58.7
South Deering212-83.3$91,000$106,000-14.2
Marquette Park319-84.2$86,000$200,000-57
Englewood1146-76.1$85,000$121,750-30.2
West Englewood320-85$66,500$99,500-33.2
West Pullman736-80.6$60,000$74,000-18.9

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