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Kane County Reporter

Monday, November 25, 2024

Huntley (Kane County) home prices fall in May 2017

Realestate4

The median sale price of a home sold in May 2017 in Huntley in Kane County fell by $6,550 while total sales increased by 12.5%, according to BlockShopper.com.

In May 2017, there were 18 homes sold, with a median sale price of $209,950 - a 3% decrease over the $216,500 median sale price for the same period of the previous year. There were 16 homes sold in Huntley in May 2016.

The median sales tax in Huntley for 2017 was $4,803.98. In 2016, the median sales tax was $4,511.50. This marks an increase of 6.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.3%.

The following table compares Huntley 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)
South Elgin36360%$237,250$240,750-1.5%
Hampshire171421.4%$225,000$229,250-1.9%
Lily Lake42100%$221,000$311,875-29.1%
Fox River Estates20-$217,450$0-
Montgomery191711.8%$215,000$198,0008.6%
Huntley181612.5%$209,950$216,500-3%
Algonquin231464.3%$194,000$250,200-22.5%
Marywood10-$188,500$0-
Pingree Grove271850%$184,750$187,500-1.5%
Elgin14512416.9%$178,000$164,5008.2%
Aurora15810945%$155,000$143,0008.4%
* This story only considers sales data for the part of Huntley that is in Kane County.

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