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Kane County Reporter

Sunday, November 24, 2024

West Dundee home prices fall in January 2017

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The median sale price of a home sold in January 2017 in West Dundee fell by $135,000 while total sales decreased by 50%, according to BlockShopper.com.

In January 2017, there were four homes sold, with a median sale price of $167,500 - a 44.6% decrease over the $302,500 median sale price for the same period of the previous year. There were eight homes sold in West Dundee in January 2016.

The median sales tax in West Dundee for 2017 was $7,294.43. In 2016, the median sales tax was $7,235.10. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 4.4%.

The following table compares West Dundee to other Kane County cities with similar median sales prices in January 2017:

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Huntley1214-14.3%$196,862.50$187,9504.7%
Montgomery912-25%$190,000$162,75016.7%
Hampshire1014-28.6%$185,750$170,2509.1%
Elburn84100%$181,500$233,500-22.3%
South Elgin24240%$174,687.50$168,5003.7%
West Dundee48-50%$167,500$302,500-44.6%
Carpentersville3446-26.1%$161,250$145,50010.8%
Elgin8391-8.8%$160,000$150,0006.7%
Exposition View10-$157,000$0-
Pingree Grove79-22.2%$154,000$147,5004.4%
Gilberts56-16.7%$151,500$273,450-44.6%

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