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Kane County Reporter

Tuesday, November 26, 2024

North Aurora home prices rise in July 2017

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The median sale price of a home sold in July 2017 in North Aurora rose by $30,100 while total sales increased by 10.3%, according to BlockShopper.com.

In July 2017, there were 32 homes sold, with a median sale price of $265,000 - a 12.8% increase over the $234,900 median sale price for the same period of the previous year. There were 29 homes sold in North Aurora in July 2016.

The median sales tax in North Aurora for 2017 was $6,597.38. In 2016, the median sales tax was $6,556.80. This marks an increase of 0.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares North Aurora to other Kane County cities with similar median sales prices in July 2017:

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
St. Charles655714%$308,500$289,9006.4%
Lily Lake110%$292,000$367,500-20.5%
Batavia4143-4.7%$291,000$246,50018.1%
Algonquin1319-31.6%$274,000$248,00010.5%
Prestbury83166.7%$267,500$210,50027.1%
North Aurora322910.3%$265,000$234,90012.8%
Hampshire1820-10%$265,000$203,50030.2%
Elburn1516-6.3%$265,000$270,000-1.9%
Sugar Grove282040%$252,500$241,0004.8%
Gilberts131118.2%$245,000$295,000-16.9%
Huntley22220%$241,311$195,75023.3%

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