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Kane County Reporter

Tuesday, November 26, 2024

Pingree Grove home prices rise in the first quarter of 2018

Re 10

The median sale price of a home sold in the first quarter of 2018 in Pingree Grove rose by $7,500 while total sales increased by 54.5%, according to BlockShopper.com.

From January through March of 2018, there were 34 homes sold, with a median sale price of $188,500 - a 4.1% increase over the $181,000 median sale price for the same period of the previous year. There were 22 homes sold in Pingree Grove in the first quarter of 2017.

The median sales tax in Pingree Grove for the most recent year with available data, 2017, was $6,184.10, approximately 3.3% of the median home sale price for the first quarter of 2018.

The following table compares Pingree Grove 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)
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%
East Dundee141216.7%$186,250$165,50012.5%
Hampshire1628-42.9%$182,450$175,5004%
Elgin248266-6.8%$174,500$161,9507.7%
Burlington30-$173,500$0-
Exposition View110%$170,000$157,0008.3%

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