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Kane County Reporter

Sunday, November 24, 2024

Hampshire home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Hampshire rose by $90,000 while total sales increased by 15.4%, according to BlockShopper.com.

In October 2017, there were 15 homes sold, with a median sale price of $285,000 - a 46.2% increase over the $195,000 median sale price for the same period of the previous year. There were 13 homes sold in Hampshire in October 2016.

The median sales tax in Hampshire for 2017 was $6,437.98. In 2016, the median sales tax was $6,373. This marks an increase of 1%. 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 Hampshire to other Kane County cities with similar median sales prices in October 2017:

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Williamsburg Green30-$345,000$0-
Geneva3237-13.5%$345,000$249,00038.6%
Tanner Woods23-33.3%$302,500$290,0004.3%
Elburn1012-16.7%$300,000$209,75043%
Algonquin14955.6%$292,500$170,00072.1%
Hampshire151315.4%$285,000$195,00046.2%
Prestbury35-40%$280,000$270,0003.7%
Batavia2733-18.2%$275,000$259,9005.8%
St. Charles3653-32.1%$272,500$272,5000%
Big Rock5366.7%$267,450$299,000-10.6%
Sugar Grove171070%$265,000$232,00014.2%

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