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Kane County Reporter

Sunday, November 24, 2024

Big Rock home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Big Rock fell by $31,550 while total sales increased by 66.7%, according to BlockShopper.com.

In October 2017, there were five homes sold, with a median sale price of $267,450 - a 10.6% decrease over the $299,000 median sale price for the same period of the previous year. There were three homes sold in Big Rock in October 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 2.1%.

The following table compares Big Rock 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)
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%
Rainbow Hills10-$265,000$0-
West Dundee171070%$260,000$208,95024.4%
Sleepy Hollow42100%$257,500$227,75013.1%
Wayne220%$253,000$1,000,000-74.7%

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