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Kane County Reporter

Monday, November 25, 2024

West Dundee home prices fall in May 2017

Re 4

The median sale price of a home sold in May 2017 in West Dundee fell by $24,500 while total sales increased by 12.5%, according to BlockShopper.com.

In May 2017, there were nine homes sold, with a median sale price of $243,000 - a 9.2% decrease over the $267,500 median sale price for the same period of the previous year. There were eight homes sold in West Dundee in May 2016.

The median sales tax in West Dundee for 2017 was $7,294.43. In 2016, the median sales tax was $7,235.10. This marks an increase of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares West Dundee 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)
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-
Elburn181520%$252,500$235,0007.4%
West Dundee9812.5%$243,000$267,500-9.2%
Burlington10-$241,000$0-
Kaneville10-$240,000$0-
North Aurora322910.3%$239,250$234,5002%
South Elgin36360%$237,250$240,750-1.5%
Hampshire171421.4%$225,000$229,250-1.9%

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