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Kane County Reporter

Tuesday, November 26, 2024

Elburn home prices rise in July 2018

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The median sale price of a home sold in July 2018 in Elburn rose by $19,000 while total sales remained unchanged with 15 homes sold, according to BlockShopper.com.

In July 2018, there were 15 homes sold, with a median sale price of $284,000 - a 7.2% increase over the $265,000 median sale price for the same period of the previous year. There were 15 homes sold in Elburn in July 2017, as well.

The median sales tax in Elburn for the most recent year with available data, 2017, was $7,623.10, approximately 2.7% of the median home sale price for July 2018.

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

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Wildrose10-$345,000$0-
Prestbury78-12.5%$320,000$267,50019.6%
Batavia534129.3%$299,000$291,0002.7%
Big Rock16-83.3%$290,000$219,00032.4%
South Elgin4043-7%$290,000$225,00028.9%
Elburn15150%$284,000$265,0007.2%
Rainbow Hills10-$279,500$0-
Algonquin2613100%$267,500$274,000-2.4%
North Aurora33323.1%$263,000$265,000-0.8%
St. Charles65650%$259,000$308,500-16%
Sugar Grove1928-32.1%$249,000$252,500-1.4%

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