In April, there were five homes sold, with a median sale price of $250,500 - a 10 percent decrease from the $278,250 median sale price for the same period of the previous year. There were 36 homes sold in Garfield Ridge in April 2021.
The median sales tax in Garfield Ridge for the most recent year with available data, 2019, was $3,577, approximately 1.4 percent of the median home sale price for April.
The following table compares Garfield Ridge to other Chicago neighborhood with similar median sale prices in April:
Neighborhood | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
University Village/Little Italy | 4 | 24 | -83.3 | $282,500 | $378,750 | -25.4 |
Edgewater | 5 | 78 | -93.6 | $277,000 | $217,500 | 27.4 |
Brighton Park | 2 | 18 | -88.9 | $262,750 | $230,000 | 14.2 |
Bridgeport | 2 | 30 | -93.3 | $259,319 | $457,500 | -43.3 |
West Loop | 2 | 16 | -87.5 | $252,500 | $310,000 | -18.5 |
Garfield Ridge | 5 | 36 | -86.1 | $250,500 | $278,250 | -10 |
Hyde Park | 1 | 23 | -95.7 | $241,500 | $170,000 | 42.1 |
Mount Greenwood | 3 | 26 | -88.5 | $238,000 | $253,500 | -6.1 |
Clearing | 3 | 29 | -89.7 | $231,000 | $261,000 | -11.5 |
West Lawn | 5 | 22 | -77.3 | $230,000 | $230,000 | 0 |
West Elsdon | 4 | 14 | -71.4 | $227,250 | $239,750 | -5.2 |