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Kane County Reporter

Monday, November 25, 2024

North Aurora home prices rise in February 2017

Re 5

The median sale price of a home sold in February 2017 in North Aurora rose by $64,000 while total sales decreased by 5.9%, according to BlockShopper.com.

In February 2017, there were 16 homes sold, with a median sale price of $219,000 - a 41.3% increase over the $155,000 median sale price for the same period of the previous year. There were 17 homes sold in North Aurora in February 2016.

The median sales tax in North Aurora for 2017 was $6,597.38. In 2016, the median sales tax was $6,556.80. This marks an increase of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares North Aurora to other Kane County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Big Rock220%$279,000$213,50030.7%
Algonquin10825%$234,175$208,00012.6%
Prestbury41300%$224,504.50$183,00022.7%
Maple Park110%$223,000$100,000123%
Batavia25250%$219,000$262,000-16.4%
North Aurora1617-5.9%$219,000$155,00041.3%
Gilberts104150%$216,000$265,000-18.5%
Huntley11757.1%$210,000$240,000-12.5%
East Dundee41300%$205,250$210,000-2.3%
Fox River Estates110%$204,000$280,000-27.1%
South Elgin1115-26.7%$195,000$180,0008.3%

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