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Kane County Reporter

Monday, November 25, 2024

Big Rock home prices rise in May 2017

Re 9

The median sale price of a home sold in May 2017 in Big Rock rose by $51,775 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In May 2017, there were two homes sold, with a median sale price of $295,275 - a 21.3% increase over the $243,500 median sale price for the same period of the previous year. There were two homes sold in Big Rock in May 2016, as well.

The median sales tax in Big Rock for 2017 was $5,625. In 2016, the median sales tax was $5,451.50. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.

The following table compares Big Rock to other Kane County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Wildrose110%$545,000$210,000159.5%
Wayne31200%$440,000$220,001100%
Campton Hills271758.8%$390,000$375,0004%
Geneva6769-2.9%$335,000$309,0008.4%
Big Rock220%$295,275$243,50021.3%
St. Charles5072-30.6%$288,500$271,0006.5%
Prestbury550%$279,000$214,95029.8%
Batavia4850-4%$276,250$279,500-1.2%
Sleepy Hollow48-50%$275,000$267,7002.7%
Sugar Grove342254.5%$263,750$227,00016.2%
Maple Park13-66.7%$263,000$51,500410.7%

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