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Thursday, November 28, 2024

O'Hare home prices rise in the second quarter of 2019

Realestate5

The median sale price of a home sold in the second quarter of 2019 in O'Hare, a Chicago neighborhood, rose by $24,000 while total sales decreased by 6.5%, according to BlockShopper.com.

From April through June of 2019, there were 29 homes sold, with a median sale price of $180,000 - a 15.4% increase over the $156,000 median sale price for the same period of the previous year. There were 31 homes sold in O'Hare in the second quarter of 2018.

The median sales tax in O'Hare for the most recent year with available data, 2018, was $4,330, approximately 2.4% of the median home sale price for the second quarter of 2019.

The following table compares O'Hare to other Chicago neighborhood with similar median sales prices in the second quarter of 2019:

NeighborhoodApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
East Garfield Park4561-26.2%$197,000$155,50026.7%
Ashburn 4854-11.1%$196,000$166,00018.1%
Scottsdale3848-20.8%$191,750$209,500-8.5%
Wrightwood3235-8.6%$188,000$151,00024.5%
Chicago Lawn2425-4%$181,000$122,00048.4%
O'Hare2931-6.5%$180,000$156,00015.4%
Marquette Park5686-34.9%$179,000$144,00024.3%
Austin 166185-10.3%$178,500$138,00029.3%
Gage Park3753-30.2%$170,000$146,00016.4%
Woodlawn7481-8.6%$170,000$170,0000%
Little Village73704.3%$170,000$144,50017.6%

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