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Friday, April 19, 2024

East Merrionette Park home prices fall in April 2019

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The median sale price of a home sold in April 2019 in East Merrionette Park, a Chicago neighborhood, fell by $112,500 while total sales increased by 200%, according to BlockShopper.com.

In April 2019, there were six homes sold, with a median sale price of $64,000 - a 63.7% decrease over the $176,500 median sale price for the same period of the previous year. There were two homes sold in East Merrionette Park in April 2018.

The median sales tax in East Merrionette Park for the most recent year with available data, 2017, was $2,719, approximately 4.2% of the median home sale price for April 2019.

The following table compares East Merrionette Park to other Chicago neighborhood with similar median sales prices in April 2019:

NeighborhoodApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Greater Grand Crossing3646-21.7%$90,000$93,750-4%
West Pullman383122.6%$75,000$54,00038.9%
Burnside23224.5%$73,000$86,250-15.4%
Back of the Yards211275%$69,000$56,00023.2%
Roseland/Pullman3964-39.1%$67,000$66,0001.5%
East Merrionette Park62200%$64,000$176,500-63.7%
South Chicago 2831-9.7%$61,500$73,000-15.8%
Hegewisch135160%$59,000$126,000-53.2%
West Englewood20195.3%$51,250$70,000-26.8%
Englewood4047-14.9%$41,750$41,0001.8%
South Deering910-10%$33,000$67,500-51.1%

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