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Kane County Reporter

Tuesday, November 19, 2024

Pingree Grove home prices fall in May 2019

Re 8

The median sale price of a home sold in May 2019 in Pingree Grove fell by $29,950 while total sales increased by 78.6%, according to BlockShopper.com.

In May 2019, there were 25 homes sold, with a median sale price of $184,000 - a 14% decrease over the $213,950 median sale price for the same period of the previous year. There were 14 homes sold in Pingree Grove in May 2018.

The median sales tax in Pingree Grove for the most recent year with available data, 2017, was $6,184, approximately 3.4% of the median home sale price for May 2019.

The following table compares Pingree 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)
Big Rock12-50%$225,000$240,504-6.4%
North Aurora292420.8%$225,000$225,0000%
Algonquin161323.1%$212,500$255,000-16.7%
Hampshire1118-38.9%$210,000$281,500-25.4%
Kaneville110%$186,000$38,100388.2%
Pingree Grove251478.6%$184,000$213,950-14%
Maple Park220%$179,250$281,030-36.2%
Montgomery1319-31.6%$179,000$185,800-3.7%
Aurora14612814.1%$171,755$170,0001%
Carpentersville3646-21.7%$169,750$162,0004.8%
East Dundee214-85.7%$169,250$173,050-2.2%

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