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Kane County Reporter

Monday, November 25, 2024

East Dundee (Kane County) home prices fall in May 2017

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The median sale price of a home sold in May 2017 in East Dundee in Kane County fell by $17,750 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2017, there were 12 homes sold, with a median sale price of $149,250 - a 10.6% decrease over the $167,000 median sale price for the same period of the previous year. There were nine homes sold in East Dundee in May 2016.

The median sales tax in East Dundee for 2017 was $4,416.62. In 2016, the median sales tax was $4,305.80. This marks an increase of 2.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

The following table compares East 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)
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%
East Dundee12933.3%$149,250$167,000-10.6%
Carpentersville5658-3.4%$144,000$145,500-1%
Exposition View10-$112,000$0-
Novak Park13-66.7%$103,000$252,600-59.2%
* This story only considers sales data for the part of East Dundee that is in Kane County.

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