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Kane County Reporter

Tuesday, November 26, 2024

North Aurora home prices fall in July 2018

Re 8

The median sale price of a home sold in July 2018 in North Aurora fell by $2,000 while total sales increased by 3.1%, according to BlockShopper.com.

In July 2018, there were 33 homes sold, with a median sale price of $263,000 - a 0.8% decrease over the $265,000 median sale price for the same period of the previous year. There were 32 homes sold in North Aurora in July 2017.

The median sales tax in North Aurora for the most recent year with available data, 2017, was $6,597.40, approximately 2.5% of the median home sale price for July 2018.

The following table compares North Aurora 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)
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%
West Dundee1114-21.4%$245,000$234,9004.3%
Hampshire1618-11.1%$244,500$265,000-7.7%
Huntley1722-22.7%$237,000$241,311-1.8%

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