Uptown home prices rise in July 2020

Medium realestate3

The median sale price of a home sold in July 2020 in Uptown, a Chicago neighborhood, rose by $25,000 while total sales decreased by 37.1%, according to BlockShopper.com.

In July 2020, there were 22 homes sold, with a median sale price of $325,000 - a 8.3% increase over the $300,000 median sale price for the same period of the previous year. There were 35 homes sold in Uptown in July 2019.

The median sales tax in Uptown for the most recent year with available data, 2019, was $3,845, approximately 1.2% of the median home sale price for July 2020.

The following table compares Uptown to other Chicago neighborhood with similar median sales prices in July 2020:

NeighborhoodJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
University Village / Little Italy1220-40%$347,500$303,00014.7%
Oriole Park318-83.3%$335,000$257,50030.1%
Union Ridge616-62.5%$332,000$272,50021.8%
West Loop419-78.9%$327,500$410,000-20.1%
South Loop 3294-66%$326,250$331,000-1.4%
Humboldt Park 1962-69.4%$325,000$315,5003%
River West315-80%$310,000$318,000-2.5%

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