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Kane County Reporter

Tuesday, November 26, 2024

Big Rock home prices rise in the third quarter of 2018

Re 9

The median sale price of a home sold in the third quarter of 2018 in Big Rock rose by $72,000 while total sales increased by 12.5%, according to BlockShopper.com.

From July through September of 2018, there were nine homes sold, with a median sale price of $290,000 - a 33% increase over the $218,000 median sale price for the same period of the previous year. There were eight homes sold in Big Rock in the third quarter of 2017.

The median sales tax in Big Rock for the most recent year with available data, 2017, was $5,625, approximately 1.9% of the median home sale price for the third quarter of 2018.

The following table compares Big Rock 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)
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%
Batavia122124-1.6%$276,750$298,500-7.3%
South Elgin92119-22.7%$268,500$240,00011.9%

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