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Tuesday, November 26, 2024

West Lincolnwood home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in West Lincolnwood, a Chicago neighborhood, fell by $46,500 while total sales decreased by 25%, according to BlockShopper.com.

From July through September of 2018, there were nine homes sold, with a median sale price of $546,000 - a 7.8% decrease over the $592,500 median sale price for the same period of the previous year. There were 12 homes sold in West Lincolnwood in the third quarter of 2017.

The median sales tax in West Lincolnwood for the most recent year with available data, 2017, was $13,130.50, approximately 2.4% of the median home sale price for the third quarter of 2018.

The following table compares West Lincolnwood to other Chicago neighborhood with similar median sales prices in the third quarter of 2018:

NeighborhoodJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
North Center 1041004%$590,000$615,000-4.1%
Roscoe Village 5665-13.8%$557,500$510,0009.3%
Bucktown1371259.6%$555,000$530,0004.7%
Ukrainian Village 83112-25.9%$547,500$524,2504.4%
West Lincolnwood 912-25%$546,000$592,500-7.8%
Lincoln Park344436-21.1%$530,000$535,000-0.9%
Wrigleyville786913%$530,000$445,00019.1%
Lincoln Square1621-23.8%$522,500$500,0004.5%
West Town96121-20.7%$500,000$475,0005.3%
Wicker Park5079-36.7%$495,000$505,000-2%
Edgebrook33323.1%$485,000$439,00010.5%

ORGANIZATIONS IN THIS STORY

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