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Kane County Reporter

Tuesday, November 26, 2024

Big Rock home prices fall in the first quarter of 2018

Re 12

The median sale price of a home sold in the first quarter of 2018 in Big Rock fell by $19,750 while total sales increased by 50%, according to BlockShopper.com.

From January through March of 2018, there were six homes sold, with a median sale price of $238,250 - a 7.7% decrease over the $258,000 median sale price for the same period of the previous year. There were four homes sold in Big Rock in the first quarter of 2017.

The median sales tax in Big Rock for the most recent year with available data, 2017, was $5,625, approximately 2.4% of the median home sale price for the first quarter of 2018.

The following table compares Big Rock 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)
North Aurora595213.5%$250,000$214,50016.6%
Sugar Grove2831-9.7%$247,500$284,000-12.9%
Sleepy Hollow1013-23.1%$242,000$250,000-3.2%
Novak Park13-66.7%$240,000$410,100-41.5%
West Dundee252213.6%$239,000$237,5000.6%
Big Rock6450%$238,250$258,000-7.7%
Gilberts2627-3.7%$232,500$212,0009.7%
Huntley1832-43.8%$231,500$207,50011.6%
Wildrose110%$210,000$290,000-27.6%
South Elgin3754-31.5%$200,000$208,475-4.1%
Pingree Grove342254.5%$188,500$181,0004.1%

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