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Kane County Reporter

Monday, November 25, 2024

Batavia (Kane County) home prices fall in May 2017

Realestate5

The median sale price of a home sold in May 2017 in Batavia in Kane County fell by $3,250 while total sales decreased by 4%, according to BlockShopper.com.

In May 2017, there were 48 homes sold, with a median sale price of $276,250 - a 1.2% decrease over the $279,500 median sale price for the same period of the previous year. There were 50 homes sold in Batavia in May 2016.

The median sales tax in Batavia for 2017 was $7,487.44. In 2016, the median sales tax was $7,287.10. This marks an increase of 2.7%. 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 Batavia 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)
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%
Tanner Woods10-$259,900$0-
* This story only considers sales data for the part of Batavia that is in Kane County.

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