In June 2019, there were 40 homes sold, with a median sale price of $260,500 - a 6.4% decrease over the $278,250 median sale price for the same period of the previous year. There were 42 homes sold in South Elgin in June 2018.
The median sales tax in South Elgin for the most recent year with available data, 2017, was $6,031, approximately 2.3% of the median home sale price for June 2019.
The following table compares South Elgin to other Kane County cities with similar median sales prices in June 2019:
City | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
West Dundee | 23 | 22 | 4.5% | $275,000 | $240,000 | 14.6% |
Prestbury | 5 | 6 | -16.7% | $270,000 | $298,750 | -9.6% |
Marywood | 1 | 1 | 0% | $265,000 | $265,000 | 0% |
North Aurora | 26 | 39 | -33.3% | $263,500 | $269,000 | -2% |
Big Rock | 2 | 4 | -50% | $262,500 | $235,750 | 11.3% |
South Elgin | 40 | 42 | -4.8% | $260,500 | $278,250 | -6.4% |
Algonquin | 13 | 15 | -13.3% | $259,000 | $282,000 | -8.2% |
Sleepy Hollow | 4 | 8 | -50% | $256,750 | $280,000 | -8.3% |
Sugar Grove | 21 | 34 | -38.2% | $255,000 | $270,000 | -5.6% |
Hampshire | 15 | 25 | -40% | $255,000 | $238,000 | 7.1% |
Almora Heights | 1 | 0 | - | $255,000 | $0 | - |