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Thursday, November 28, 2024

East Merrionette Park home prices fall in June 2019

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The median sale price of a home sold in June 2019 in East Merrionette Park, a Chicago neighborhood, fell by $48,250 while total sales increased by 250%, according to BlockShopper.com.

In June 2019, there were seven homes sold, with a median sale price of $97,000 - a 33.2% decrease over the $145,250 median sale price for the same period of the previous year. There were two homes sold in East Merrionette Park in June 2018.

The median sales tax in East Merrionette Park for the most recent year with available data, 2018, was $2,656, approximately 2.7% of the median home sale price for June 2019.

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

NeighborhoodJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Calumet Heights 2732-15.6%$115,500$111,5003.6%
Canaryville/Fuller Park511-54.5%$115,500$210,000-45%
East Side1828-35.7%$107,500$121,500-11.5%
Greater Grand Crossing4049-18.4%$106,750$70,00052.5%
South Deering231553.3%$100,000$69,50043.9%
East Merrionette Park72250%$97,000$145,250-33.2%
South Shore2759-54.2%$85,000$95,000-10.5%
Burnside30287.1%$71,750$80,500-10.9%
West Pullman1846-60.9%$64,500$56,50014.2%
Back of the Yards1721-19%$61,000$70,000-12.9%
West Englewood1825-28%$57,750$60,000-3.8%

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