Garfield Ridge is one of the 77 official community areas of Chicago, Illinois, and is located on the southwest side of the city. Bordering communities include South Lawndale, Archer Heights and West Elsdon to the east and Clearing to the south. To the north are the municipalities of Forest View, Stickney and Cicero, as well as the unincorporated community of Central Stickney, which is located in the "elbow" of Garfield Ridge. To the west is the village of Summit. Garfield Ridge includes the neighborhoods of Le Claire Courts, Sleepy Hollow, and Vittum Park.
Garfield Ridge currently has 45 single family homes for sale with an average list price of $379,325.31, 1 townhouse for sale with a list price of $230,000, and 9 condos for sale with an average list price of $140,279.33. The average annual property tax for Garfield Ridge is $3,480.19.
What's Hot & What Not
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 Garfield Ridge, i.e. what's hot and what's not.
See What's Hot & What's Not in Garfield Ridge
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 Garfield Ridge, i.e. what's hot and what's not.
Market Trends
Garfield Ridge home sales for the month of June decreased in volume by 37.5% when compared to last year, while the median sale price rose by 3.2% from $329,500 to $340,000. House sales decreased by 35.5%, while the median sale price rose by 2.4% from $332,000 to $340,000.
|
309
|
257
|
||
| 2023 | 2024 | ||
| # of sales per year | |||
|
$305,000
|
$335,000
|
||
| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Garfield Ridge
Number of Sales for Garfield Ridge
We have helped 58 families buy and sell a home in Chicago!
HomesByMarco agents are experts in the area. If you're looking to buy a home in Chicago, give us a call today at 888-326-2726.
