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Kane County Reporter

Tuesday, November 26, 2024

Maple Park (Kane County) home prices fall in the third quarter of 2017

Realestate2

The median sale price of a home sold in the third quarter of 2017 in Maple Park in Kane County fell by $32,650 while total sales decreased by 40%, according to BlockShopper.com.

From July through September of 2017, there were six homes sold, with a median sale price of $177,500 - a 15.5% decrease over the $210,150 median sale price for the same period of the previous year. There were 10 homes sold in Maple Park in the third quarter of 2016.

The median sales tax in Maple Park for 2017 was $5,664.32. In 2016, the median sales tax was $5,340. This marks an increase of 6.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.2%.

The following table compares Maple Park 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)
Pingree Grove51502%$216,900$200,0008.5%
Gilberts3037-18.9%$198,250$237,500-16.5%
East Dundee20200%$191,000$170,00012.4%
Elgin391392-0.3%$183,500$168,0009.2%
Marywood24-50%$183,297$171,7506.7%
Maple Park610-40%$177,500$210,150-15.5%
Fox River Estates3250%$177,500$188,500-5.8%
Five Island Park3250%$170,000$256,000-33.6%
Burlington23-33.3%$168,000$165,0001.8%
Montgomery4445-2.2%$167,500$158,0006%
Carpentersville16112825.8%$160,000$143,00011.9%
* This story only considers sales data for the part of Maple Park that is in Kane County.

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