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Kane County Reporter

Wednesday, November 27, 2024

Gilberts home prices rise in June 2019

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The median sale price of a home sold in June 2019 in Gilberts rose by $31,500 while total sales increased by 46.2%, according to BlockShopper.com.

In June 2019, there were 19 homes sold, with a median sale price of $229,000 - a 15.9% increase over the $197,500 median sale price for the same period of the previous year. There were 13 homes sold in Gilberts in June 2018.

The median sales tax in Gilberts for the most recent year with available data, 2017, was $6,737, approximately 2.9% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Sugar Grove2134-38.2%$255,000$270,000-5.6%
Hampshire1525-40%$255,000$238,0007.1%
Almora Heights10-$255,000$0-
Huntley251931.6%$248,500$269,000-7.6%
Maple Park14-75%$237,500$178,75032.9%
Gilberts191346.2%$229,000$197,50015.9%
East Dundee413-69.2%$217,500$150,00045%
Elgin1471460.7%$205,000$212,000-3.3%
Pingree Grove24240%$202,950$195,2503.9%
Five Island Park20-$195,000$0-
Burlington12-50%$183,000$269,450-32.1%

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