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Kane County Reporter

Wednesday, November 27, 2024

Pingree Grove home prices fall in March 2018

Re 8

The median sale price of a home sold in March 2018 in Pingree Grove fell by $12,500 while total sales increased by 63.6%, according to BlockShopper.com.

In March 2018, there were 18 homes sold, with a median sale price of $203,500 - a 5.8% decrease over the $216,000 median sale price for the same period of the previous year. There were 11 homes sold in Pingree Grove in March 2017.

The median sales tax in Pingree Grove for the most recent year with available data, 2017, was $6,184.10, approximately 3% of the median home sale price for March 2018.

The following table compares Pingree Grove 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)
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-
Pingree Grove181163.6%$203,500$216,000-5.8%
South Elgin1119-42.1%$182,113$268,000-32%
Elgin83111-25.2%$176,000$170,0003.5%
East Dundee5366.7%$175,000$87,000101.1%
Burlington10-$173,500$0-
Maple Park21100%$159,071.50$230,000-30.8%

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