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Kane County Reporter

Tuesday, November 26, 2024

Gilberts home prices fall in September 2018

Re 8

The median sale price of a home sold in September 2018 in Gilberts fell by $14,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

In September 2018, there were nine homes sold, with a median sale price of $218,000 - a 6% decrease over the $232,000 median sale price for the same period of the previous year. There were nine homes sold in Gilberts in September 2017, as well.

The median sales tax in Gilberts for the most recent year with available data, 2017, was $6,737.20, approximately 3.1% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Sleepy Hollow63100%$242,500$324,000-25.2%
Sugar Grove819-57.9%$240,100$232,5003.3%
West Dundee10911.1%$236,250$224,0005.5%
Hampshire12120%$235,000$210,00011.9%
Batavia3540-12.5%$225,500$274,000-17.7%
Gilberts990%$218,000$232,000-6%
East Dundee46-33.3%$215,000$232,500-7.5%
Elgin89122-27%$209,000$172,00021.5%
Big Rock41300%$205,000$180,00013.9%
South Elgin1727-37%$199,000$238,900-16.7%
Pingree Grove1015-33.3%$175,950$183,000-3.9%

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