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Kane County Reporter

Tuesday, November 26, 2024

Sugar Grove home prices fall in July 2018

Re 13

The median sale price of a home sold in July 2018 in Sugar Grove fell by $3,500 while total sales decreased by 32.1%, according to BlockShopper.com.

In July 2018, there were 19 homes sold, with a median sale price of $249,000 - a 1.4% decrease over the $252,500 median sale price for the same period of the previous year. There were 28 homes sold in Sugar Grove in July 2017.

The median sales tax in Sugar Grove for the most recent year with available data, 2017, was $7,815.70, approximately 3.1% of the median home sale price for July 2018.

The following table compares Sugar Grove 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)
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%
Sleepy Hollow68-25%$232,100$334,950-30.7%
Montgomery141040%$215,500$159,22535.3%

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