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Chicago City Wire

Monday, August 4, 2025

Home prices decreased in Marquette Park during May

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The median sale price of a home sold in May in Marquette Park, a Chicago neighborhood, fell by $114,000 while total sales decreased by 84.2 percent, according to BlockShopper.com.

In May, there were three homes sold, with a median sale price of $86,000 - a 57 percent decrease from the $200,000 median sale price for the same period of the previous year. There were 19 homes sold in Marquette Park in May 2021.

The median sales tax in Marquette Park for the most recent year with available data, 2019, was $2,060, approximately 2.4 percent of the median home sale price for May.

The following table compares Marquette Park 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)
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
Riverdale/Altgeld Gardens220$17,000$21,000-19

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