East Garfield Park's October First-Time Homebuyer Report

East Garfield Park is a larger than average neighborhood in Chicago, IL with a population of 18,671 residents. Also, it has a lower than average density with 13,391.3 people per square mile. Homes in East Garfield Park are older than most with a median age of 72 years. The best school in the neighborhood is Locke A Elementary Charter Academy.

Price Range

East Garfield Park has some of the more affordable homes in the city with a median home value of $165,297 and a current average list price of $152,468. Over the last 30 days, the East Garfield Park market looked very healthy with 15 homes sold, a 25.0% increase from last week's report.

Curious as to which homes have been getting the most attention in East Garfield Park? These listings have stirred up interest and produced the most views:

$139K   $142K   $329K  

Typical Dwelling

A three-bedroom detached home valued around $159,586 is considered a typical dwelling in East Garfield Park. If a buyer was looking for a similar home, they would need good credit and a $31,917 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $707 and the property tax rate is $16.10 per $1,000 of taxable assessed value.

Get started right now by checking out East Garfield Park homes for sale or reviewing East Garfield Park real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Prudential Rubloff Properties
4 reviews
Baird & Warner, Inc.
Snapped 2 homes in this area
Snapped 1 home in this area

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