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Kane County Reporter

Wednesday, November 27, 2024

Gilberts home prices rise in March 2018

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The median sale price of a home sold in March 2018 in Gilberts rose by $15,550 while total sales decreased by 16.7%, according to BlockShopper.com.

In March 2018, there were 10 homes sold, with a median sale price of $228,000 - a 7.3% increase over the $212,450 median sale price for the same period of the previous year. There were 12 homes sold in Gilberts in March 2017.

The median sales tax in Gilberts for the most recent year with available data, 2017, was $6,737.20, approximately 3% of the median home sale price for March 2018.

The following table compares Gilberts to other Kane County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
West Dundee141127.3%$260,830$260,0000.3%
Sugar Grove13862.5%$246,000$277,000-11.2%
Prestbury330%$245,000$251,189-2.5%
Huntley13944.4%$245,000$210,00016.7%
Novak Park12-50%$240,000$275,000-12.7%
Gilberts1012-16.7%$228,000$212,4507.3%
North Aurora3214128.6%$226,500$198,00014.4%
Hampshire511-54.5%$219,000$135,00062.2%
Big Rock220%$214,250$220,000-2.6%
Sleepy Hollow5366.7%$210,000$219,900-4.5%
Wildrose10-$210,000$0-

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