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Kane County Reporter

Monday, November 25, 2024

Elburn home prices rise in April 2017

Realestate5

The median sale price of a home sold in April 2017 in Elburn rose by $22,950 while total sales increased by 9.1%, according to BlockShopper.com.

In April 2017, there were 12 homes sold, with a median sale price of $252,950 - a 10% increase over the $230,000 median sale price for the same period of the previous year. There were 11 homes sold in Elburn in April 2016.

The median sales tax in Elburn for 2017 was $7,623.13. In 2016, the median sales tax was $7,228.50. This marks an increase of 5.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares Elburn to other Kane County cities with similar median sales prices in April 2017:

CityApr. 2017 Home SalesApr. 2016 Home Sales% change (Total Home Sales)Apr. 2017 Median Sales PriceApr. 2016 Median Sales Price% change (Median Sales Price)
Batavia463917.9%$277,500$267,2503.8%
Tanner Woods110%$274,000$303,000-9.6%
St. Charles43422.4%$270,500$266,7501.4%
Sleepy Hollow45-20%$268,000$299,155-10.4%
Prestbury14-75%$260,000$196,50032.3%
Elburn12119.1%$252,950$230,00010%
North Aurora211816.7%$250,000$256,250-2.4%
West Dundee10911.1%$247,000$188,10031.3%
Montgomery910-10%$235,000$191,047.5023%
Huntley201353.8%$234,500$175,00034%
South Elgin171241.7%$230,625$201,00014.7%

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