Alexandra and Raudel Noe Roman purchase 5115 S. Melvina Ave., Chicago, appraised at $475,000

The home at 5115 S. Melvina Ave., Chicago, Cook County, was sold on June 18 by Powerhouse Developments LLC for $475,000.

Alexandra and Raudel Noe Roman were listed as the buyers.

Property taxes on the home totaled $4,208 in 2024, or 0.9% of the sale price.

This property is one of 3,250 sales in Chicago, Cook County, between May 18 and June 18.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.