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Sunday, November 24, 2024

East Merrionette Park home prices rise in November 2019

Re 7

The median sale price of a home sold in November 2019 in East Merrionette Park, a Chicago neighborhood, rose by $68,000 while total sales decreased by 50%, according to BlockShopper.com.

In November 2019, there were two homes sold, with a median sale price of $157,500 - a 76% increase over the $89,500 median sale price for the same period of the previous year. There were four homes sold in East Merrionette Park in November 2018.

The median sales tax in East Merrionette Park for the most recent year with available data, 2018, was $2,656, approximately 1.7% of the median home sale price for November 2019.

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

NeighborhoodNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Edgewater 44417.3%$182,750$231,500-21.1%
Lawndale1829-37.9%$176,000$105,00067.6%
O'Hare57-28.6%$165,500$442,000-62.6%
Brainerd241926.3%$161,000$68,500135%
Wrightwood813-38.5%$158,000$165,000-4.2%
East Merrionette Park24-50%$157,500$89,50076%
Washington Park26-66.7%$156,750$111,00041.2%
Marquette Park1720-15%$150,500$156,250-3.7%
Chicago Lawn410-60%$138,750$155,000-10.5%
Gage Park817-52.9%$135,000$185,000-27%
South Shore1723-26.1%$132,000$115,00014.8%

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