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Kane County Reporter

Tuesday, November 26, 2024

Wayne (Kane County) home prices rise in the third quarter of 2017

Realestate077

The median sale price of a home sold in the third quarter of 2017 in Wayne in Kane County rose by $66,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From July through September of 2017, there were two homes sold, with a median sale price of $608,000 - a 12.3% increase over the $541,250 median sale price for the same period of the previous year. There were two homes sold in Wayne in the third quarter of 2016, as well.

The median sales tax in Wayne for 2017 was $17,157.51. In 2016, the median sales tax was $17,291.60. This marks an decrease of 0.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Wayne to other Kane County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Wayne220%$608,000$541,25012.3%
Novak Park12-50%$595,000$362,50064.1%
Williamsburg Green10-$505,000$0-
Campton Hills62611.6%$414,000$405,0002.2%
Tanner Woods12-50%$410,000$325,00026.2%
Lily Lake34-25%$390,000$335,75016.2%
Sleepy Hollow221729.4%$319,500$270,00018.3%
Rainbow Hills24-50%$318,250$215,00048%
Geneva18515618.6%$313,270$306,5002.2%
Batavia1241148.8%$298,500$276,2508.1%
St. Charles16914913.4%$282,000$261,2507.9%
* This story only considers sales data for the part of Wayne that is in Kane County.

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