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Kane County Reporter

Monday, November 25, 2024

Prestbury home prices rise in May 2017

Re 7

The median sale price of a home sold in May 2017 in Prestbury rose by $64,050 while total sales remained unchanged with five homes sold, according to BlockShopper.com.

In May 2017, there were five homes sold, with a median sale price of $279,000 - a 29.8% increase over the $214,950 median sale price for the same period of the previous year. There were five homes sold in Prestbury in May 2016, as well.

The median sales tax in Prestbury for 2017 was $7,458.72. In 2016, the median sales tax was $7,334.30. This marks an increase of 1.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Prestbury 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)
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%
Gilberts1418-22.2%$261,250$205,95026.9%

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