What happened to the median home price in Mount Greenwood during April 2021?

Medium realestate1

The median sale price of a home sold in April 2021 in Mount Greenwood, a Chicago neighborhood, rose by $2,500 while total sales increased by 52.9%, according to BlockShopper.com.

In April 2021, there were 26 homes sold, with a median sale price of $253,500 - a 1% increase over the $251,000 median sale price for the same period of the previous year. There were 17 homes sold in Mount Greenwood in April 2020.

The median sales tax in Mount Greenwood for the most recent year with available data, 2019, was $3,990, approximately 1.6% of the median home sale price for April 2021.

The following table compares Mount Greenwood 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)
Lawndale5115240%$275,000$200,00037.5%
Austin 6522195.5%$265,000$193,50037%
Clearing295480%$261,000$250,0004.4%
Scottsdale13862.5%$255,000$199,00028.1%
Chicago Lawn52150%$255,000$169,00050.9%
Mount Greenwood261752.9%$253,500$251,0001%
North Park227214.3%$252,500$308,500-18.2%
Calumet Heights 231291.7%$250,000$191,00030.9%
Buena Park3412183.3%$247,500$246,0000.6%
Bronzeville4114192.9%$245,500$252,250-2.7%
Woodlawn2811154.5%$242,000$190,00027.4%

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