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Kane County Reporter

Tuesday, November 26, 2024

Tanner Woods home prices fall in the first quarter of 2018

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The median sale price of a home sold in the first quarter of 2018 in Tanner Woods fell by $36,500 while total sales increased by 33.3%, according to BlockShopper.com.

From January through March of 2018, there were four homes sold, with a median sale price of $320,000 - a 10.2% decrease over the $356,500 median sale price for the same period of the previous year. There were three homes sold in Tanner Woods in the first quarter of 2017.

The median sales tax in Tanner Woods for the most recent year with available data, 2017, was $9,949.90, approximately 3.1% of the median home sale price for the first quarter of 2018.

The following table compares Tanner Woods to other Kane County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Wayne34-25%$538,000$535,5000.5%
Campton Hills5124112.5%$385,000$385,0000%
Tanner Woods4333.3%$320,000$356,500-10.2%
Rainbow Hills16-83.3%$310,000$326,110.50-4.9%
Geneva9397-4.1%$307,500$314,900-2.3%
Batavia7183-14.5%$297,000$280,0006.1%
St. Charles101965.2%$275,000$263,7504.3%
Lily Lake660%$274,000$278,450-1.6%
Algonquin1927-29.6%$271,500$190,05042.9%
Elburn282133.3%$266,500$195,00036.7%
Prestbury79-22.2%$266,500$249,0097%

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