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Kane County Reporter

Tuesday, November 19, 2024

Elburn home prices rise in May 2019

Re 5

The median sale price of a home sold in May 2019 in Elburn rose by $4,750 while total sales decreased by 14.3%, according to BlockShopper.com.

In May 2019, there were 12 homes sold, with a median sale price of $257,250 - a 1.9% increase over the $252,500 median sale price for the same period of the previous year. There were 14 homes sold in Elburn in May 2018.

The median sales tax in Elburn for the most recent year with available data, 2017, was $7,623, approximately 3% of the median home sale price for May 2019.

The following table compares Elburn 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)
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%
Huntley1923-17.4%$235,000$250,000-6%

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