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Kane County Reporter

Tuesday, November 26, 2024

Wayne (Kane County) home prices fall in the third quarter of 2018

Realestate4

The median sale price of a home sold in the third quarter of 2018 in Wayne in Kane County fell by $106,000 while total sales increased by 150%, according to BlockShopper.com.

From July through September of 2018, there were five homes sold, with a median sale price of $502,000 - a 17.4% decrease over the $608,000 median sale price for the same period of the previous year. There were two homes sold in Wayne in the third quarter of 2017.

The median sales tax in Wayne for the most recent year with available data, 2017, was $17,157.50, approximately 3.4% of the median home sale price for the third quarter of 2018.

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

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Wayne52150%$502,000$608,000-17.4%
Williamsburg Green110%$435,000$505,000-13.9%
Campton Hills826232.3%$426,500$414,0003%
Tanner Woods110%$377,000$410,000-8%
Wildrose30-$345,000$0-
Lily Lake5366.7%$335,000$390,000-14.1%
Geneva167185-9.7%$335,000$313,2706.9%
Big Rock9812.5%$290,000$218,00033%
Prestbury917-47.1%$285,000$265,0007.5%
Rainbow Hills42100%$279,750$318,250-12.1%
St. Charles1711691.2%$278,000$282,000-1.4%
* This story only considers sales data for the part of Wayne that is in Kane County.

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