In May, there were seven homes sold, with a median sale price of $295,000 - a 0.4 percent decrease from the $296,250 median sale price for the same period of the previous year. There were 44 homes sold in Garfield Ridge in May 2021.
The median sales tax in Garfield Ridge for the most recent year with available data, 2019, was $3,577, approximately 1.2 percent of the median home sale price for May.
The following table compares Garfield Ridge to other Chicago neighborhood with similar median sale prices in May:
| Neighborhood | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Dunning | 11 | 62 | -82.3 | $315,000 | $331,750 | -5 |
| West Elsdon | 1 | 8 | -87.5 | $310,000 | $271,500 | 14.2 |
| Sauganash | 2 | 12 | -83.3 | $305,750 | $458,250 | -33.3 |
| River West | 1 | 16 | -93.8 | $300,000 | $515,000 | -41.7 |
| Irving Park | 7 | 46 | -84.8 | $297,000 | $457,500 | -35.1 |
| Garfield Ridge | 7 | 44 | -84.1 | $295,000 | $296,250 | -0.4 |
| Montclare | 4 | 18 | -77.8 | $293,500 | $270,000 | 8.7 |
| The Loop | 4 | 21 | -81 | $290,000 | $325,000 | -10.8 |
| Buena Park | 4 | 39 | -89.7 | $287,000 | $285,000 | 0.7 |
| Brighton Park | 3 | 14 | -78.6 | $280,000 | $273,500 | 2.4 |
| Woodlawn | 4 | 14 | -71.4 | $275,000 | $232,500 | 18.3 |
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