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Kane County Reporter

Tuesday, November 26, 2024

Big Rock home prices fall in July 2017

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The median sale price of a home sold in July 2017 in Big Rock fell by $96,000 while total sales increased by 20%, according to BlockShopper.com.

In July 2017, there were six homes sold, with a median sale price of $219,000 - a 30.5% decrease over the $315,000 median sale price for the same period of the previous year. There were five homes sold in Big Rock in July 2016.

The median sales tax in Big Rock for 2017 was $5,625. In 2016, the median sales tax was $5,451.50. This marks an increase of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.6%.

The following table compares Big Rock 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)
Sugar Grove282040%$252,500$241,0004.8%
Gilberts131118.2%$245,000$295,000-16.9%
Huntley22220%$241,311$195,75023.3%
West Dundee14875%$234,900$250,000-6%
South Elgin433043.3%$225,000$272,200-17.3%
Big Rock6520%$219,000$315,000-30.5%
Pingree Grove17170%$205,000$182,50012.3%
Elgin132142-7%$189,450$167,45013.1%
Five Island Park220%$185,000$256,000-27.7%
Fox River Estates20-$168,250$0-
Burlington20-$168,000$0-

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