The median sale price of a home sold in April 2021 in South Loop, a Chicago neighborhood, fell by $11,500 while total sales increased by 146.2%, according to BlockShopper.com.
In April 2021, there were 96 homes sold, with a median sale price of $330,500 - a 3.4% decrease over the $342,000 median sale price for the same period of the previous year. There were 39 homes sold in South Loop in April 2020.
The median sales tax in South Loop for the most recent year with available data, 2019, was $4,660, approximately 1.4% of the median home sale price for April 2021.
The following table compares South Loop to other Chicago neighborhood with similar median sale prices in April 2021:
| Neighborhood | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Norwood Park | 46 | 22 | 109.1% | $338,750 | $331,500 | 2.2% |
| Edison Park | 28 | 9 | 211.1% | $336,500 | $330,000 | 2% |
| Canaryville/Fuller Park | 6 | 4 | 50% | $334,750 | $169,500 | 97.5% |
| Archer Heights | 7 | 3 | 133.3% | $334,000 | $239,000 | 39.7% |
| Lakeview | 341 | 98 | 248% | $332,500 | $488,500 | -31.9% |
| South Loop | 96 | 39 | 146.2% | $330,500 | $342,000 | -3.4% |
| Big Oaks | 15 | 4 | 275% | $330,000 | $302,000 | 9.3% |
| Kenwood | 11 | 7 | 57.1% | $328,500 | $235,000 | 39.8% |
| The Loop | 20 | 10 | 100% | $322,500 | $317,500 | 1.6% |
| Streeterville | 13 | 6 | 116.7% | $320,000 | $362,500 | -11.7% |
| Uptown | 63 | 24 | 162.5% | $315,000 | $332,500 | -5.3% |
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