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Friday, April 26, 2024

East Merrionette Park home prices fall in November 2018

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The median sale price of a home sold in November 2018 in East Merrionette Park, a Chicago neighborhood, fell by $120,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In November 2018, there were three homes sold, with a median sale price of $50,000 - a 70.6% decrease over the $170,000 median sale price for the same period of the previous year. There were three homes sold in East Merrionette Park in November 2017, as well.

The median sales tax in East Merrionette Park for the most recent year with available data, 2017, was $2,719, approximately 5.4% of the median home sale price for November 2018.

The following table compares East Merrionette Park to other Chicago neighborhood with similar median sales prices in November 2018:

NeighborhoodNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
South Chicago 1527-44.4%$85,000$100,000-15%
Greater Grand Crossing2630-13.3%$79,000$61,50028.5%
East Chicago Heights 10-$75,000$0-
Brainerd1420-30%$69,000$69,250-0.4%
Roseland/Pullman2847-40.4%$65,500$55,50018%
West Hometown14-75%$64,000$83,500-23.4%
East Merrionette Park330%$50,000$170,000-70.6%
Englewood2448-50%$42,000$27,75051.4%
South Deering818-55.6%$39,750$70,000-43.2%
West Englewood13128.3%$36,000$42,000-14.3%
West Pullman2127-22.2%$27,000$35,000-22.9%

ORGANIZATIONS IN THIS STORY

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