Calumet Heights, located on the South Side of the city, is one of the 77 well defined community areas of Chicago, Illinois. Calumet Heights is bounded by 87th Street on the north, South Chicago Avenue on the east, and railroad lines on the west and south (along 95th Street). Calumet Heights includes the neighborhoods of Calumet Heights and Pill Hill. Beginning at about 91st Street and Constance Avenue is the geographical feature for which it was named, a stony hill that was once an island when glacial Lake Chicago covered the area thousands of years ago. Early pioneers gave this hill the name Stony Island because at a distance it looked like an island in set a trackless prairie sea.
Calumet Heights currently has 32 single family homes for sale with an average list price of $260,709.34 and 3 lots for sale with an average list price of $62,333.33. The average annual property tax for Calumet Heights is $2,181.97.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Calumet Heights, i.e. what's hot and what's not. See What's Hot & What's Not in Calumet Heights
Calumet Heights home sales for the month of August decreased in volume by 33.3% when compared to last year, while the median sale price decreased by 35.6% from $242,500 to $156,250. House sales decreased by 33.3%, while the median sale price decreased by 35.6% from $242,500 to $156,250.
145
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134
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2023 | 2024 | ||
# of sales per year |
$219,000
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$232,750
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2023 | 2024 | ||
median sale price per year |