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Kane County Reporter

Sunday, November 24, 2024

Aurora (Kane County) home prices rise in January 2017

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The median sale price of a home sold in January 2017 in Aurora in Kane County rose by $20,000 while total sales decreased by 38.2%, according to BlockShopper.com.

In January 2017, there were 81 homes sold, with a median sale price of $140,000 - a 16.7% increase over the $120,000 median sale price for the same period of the previous year. There were 131 homes sold in Aurora in January 2016.

The median sales tax in Aurora for 2017 was $3,476.86. In 2016, the median sales tax was $3,280.60. This marks an increase of 6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Aurora 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)
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%
Algonquin9812.5%$145,000$281,450-48.5%
Aurora81131-38.2%$140,000$120,00016.7%
East Dundee550%$133,014$178,000-25.3%
Fox River Estates110%$120,000$138,000-13%
Scraper-Moecherville20-$58,250$0-
* This story only considers sales data for the part of Aurora that is in Kane County.

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