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Kane County Reporter

Tuesday, November 19, 2024

Sugar Grove home prices rise in May 2019

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The median sale price of a home sold in May 2019 in Sugar Grove rose by $10,000 while total sales decreased by 5.3%, according to BlockShopper.com.

In May 2019, there were 18 homes sold, with a median sale price of $273,000 - a 3.8% increase over the $263,000 median sale price for the same period of the previous year. There were 19 homes sold in Sugar Grove in May 2018.

The median sales tax in Sugar Grove for the most recent year with available data, 2017, was $7,816, approximately 2.9% of the median home sale price for May 2019.

The following table compares Sugar Grove 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)
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%
Sugar Grove1819-5.3%$273,000$263,0003.8%
Elburn1214-14.3%$257,250$252,5001.9%
Prestbury78-12.5%$257,000$267,750-4%
Almora Heights10-$250,000$0-
South Elgin3236-11.1%$249,150$222,62511.9%
Elgin114121-5.8%$235,250$195,00020.6%

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