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Kane County Reporter

Tuesday, November 26, 2024

Batavia (Kane County) home prices rise in September 2017

Realestate2

The median sale price of a home sold in September 2017 in Batavia in Kane County rose by $49,000 while total sales increased by 73.9%, according to BlockShopper.com.

In September 2017, there were 40 homes sold, with a median sale price of $274,000 - a 21.8% increase over the $225,000 median sale price for the same period of the previous year. There were 23 homes sold in Batavia in September 2016.

The median sales tax in Batavia for 2017 was $7,487.44. In 2016, the median sales tax was $7,287.10. This marks an increase of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.7%.

The following table compares Batavia to other Kane County cities with similar median sales prices in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Sleepy Hollow35-40%$324,000$270,00020%
Rainbow Hills20-$318,250$0-
Geneva623672.2%$303,000$321,250-5.7%
Algonquin1118-38.9%$283,000$193,645.5046.1%
St. Charles433813.2%$280,000$260,6257.4%
Batavia402373.9%$274,000$225,00021.8%
Bowes20-$253,500$0-
North Aurora26254%$241,000$218,00010.6%
Prestbury36-50%$239,900$283,250-15.3%
South Elgin27258%$238,900$220,0008.6%
Huntley1718-5.6%$237,900$202,50017.5%
* This story only considers sales data for the part of Batavia that is in Kane County.

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