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Kane County Reporter

Sunday, May 5, 2024

Kane County home valuation prices rose in February 2023 compared to the same period in 2022

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In February 2023, the median sale price of a home in Kane County rose by $11,500 from the same period in the previous year, while total sales decreased by 51.6%, according to BlockShopper.com.

Data shows that there were 272 homes sold in February 2023, with a median sale price of $260,000 - a 4.6% increase over the $248,500 median sale price for the same period of the previous year. There were 562 homes sold in Kane County in February 2022.

For context, the median sales tax in Kane County, based on the latest available data from 2021, was $6,147, which stands at 2.4% of February 2023's median home sale price.

The following histogram displays changes in median sales prices in Kane County from February 2022 to February 2023.

February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023$248,500$248,500$260,000$260,000$295,000$295,000$295,000$295,000$310,000$310,000$315,000$315,000$305,000$305,000$286,000$286,000$290,000$290,000$288,000$288,000$270,000$270,000$270,000$270,000$260,000$260,000

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