Falling home prices in Washington Heights in April 2021

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The median sale price of a home sold in April 2021 in Washington Heights, a Chicago neighborhood, fell by $123,750 while total sales increased by 166.7%, according to BlockShopper.com.

In April 2021, there were eight homes sold, with a median sale price of $84,250 - a 59.5% decrease over the $208,000 median sale price for the same period of the previous year. There were three homes sold in Washington Heights in April 2020.

The median sales tax in Washington Heights for the most recent year with available data, 2019, was $1,386, approximately 1.6% of the median home sale price for April 2021.

The following table compares Washington Heights to other Chicago neighborhood with similar median sale prices in April 2021:

NeighborhoodApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
South Chicago 3313153.8%$120,000$171,500-30%
West Pullman5912391.7%$104,000$107,750-3.5%
Back of the Yards182800%$97,750$117,500-16.8%
Washington Heights83166.7%$84,250$208,000-59.5%
West Englewood337371.4%$70,000$125,000-44%
Riverdale/Altgeld Gardens20-$69,000$0-
South Deering176183.3%$68,500$94,000-27.1%
East Chicago Heights 60-$38,000$0-

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