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Thursday, November 28, 2024

East Merrionette Park home prices fall in October 2019

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The median sale price of a home sold in October 2019 in East Merrionette Park, a Chicago neighborhood, fell by $45,000 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In October 2019, there were two homes sold, with a median sale price of $77,500 - a 36.7% decrease over the $122,500 median sale price for the same period of the previous year. There were two homes sold in East Merrionette Park in October 2018, as well.

The median sales tax in East Merrionette Park for the most recent year with available data, 2018, was $2,656, approximately 3.4% of the median home sale price for October 2019.

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

NeighborhoodOct. 2019 Home SalesOct. 2018 Home Sales% change (Total Home Sales)Oct. 2019 Median Sales PriceOct. 2018 Median Sales Price% change (Median Sales Price)
Burnside1927-29.6%$119,000$65,50081.7%
East Side2127-22.2%$110,000$80,00037.5%
Back of the Yards2021-4.8%$95,000$59,00061%
West Garfield Park10825%$94,750$91,5003.6%
Greater Grand Crossing3346-28.3%$80,000$98,750-19%
East Merrionette Park220%$77,500$122,500-36.7%
South Chicago 383122.6%$75,000$80,000-6.3%
Washington Heights9580%$71,500$46,00055.4%
Roseland/Pullman4566-31.8%$55,000$62,500-12%
West Pullman35342.9%$52,000$75,750-31.4%
South Deering818-55.6%$46,750$40,00016.9%

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