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Kane County Reporter

Tuesday, November 19, 2024

Wayne (Kane County) home prices fall in May 2019

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The median sale price of a home sold in May 2019 in Wayne in Kane County fell by $138,750 while total sales decreased by 25%, according to BlockShopper.com.

In May 2019, there were three homes sold, with a median sale price of $560,000 - a 19.9% decrease over the $698,750 median sale price for the same period of the previous year. There were four homes sold in Wayne in May 2018.

The median sales tax in Wayne for the most recent year with available data, 2017, was $17,158, approximately 3.1% of the median home sale price for May 2019.

The following table compares Wayne to other Kane County cities with similar median sales prices in May 2019:

CityMay 2019 Home SalesMay 2018 Home Sales% change (Total Home Sales)May 2019 Median Sales PriceMay 2018 Median Sales Price% change (Median Sales Price)
Wayne34-25%$560,000$698,750-19.9%
Lily Lake25-60%$402,000$362,50010.9%
Campton Hills231921.1%$387,500$410,000-5.5%
Rainbow Hills110%$382,000$326,90016.9%
Geneva4656-17.9%$328,250$348,250-5.7%
St. Charles4556-19.6%$316,000$296,5006.6%
West Dundee12120%$305,000$240,00027.1%
Sleepy Hollow47-42.9%$302,000$249,50021%
Bowes10-$285,000$0-
Gilberts1317-23.5%$277,500$265,0004.7%
Batavia3647-23.4%$275,000$310,000-11.3%
* This story only considers sales data for the part of Wayne that is in Kane County.

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