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Kane County Reporter

Wednesday, November 27, 2024

Wayne (Kane County) home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Wayne in Kane County fell by $122,146 while total sales increased by 33.3%, according to BlockShopper.com.

From April through June of 2019, there were eight homes sold, with a median sale price of $576,604 - a 17.5% decrease over the $698,750 median sale price for the same period of the previous year. There were six homes sold in Wayne in the second quarter of 2018.

The median sales tax in Wayne for the most recent year with available data, 2017, was $17,158, approximately 3% of the median home sale price for the second quarter of 2019.

The following table compares Wayne to other Kane County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Novak Park12-50%$600,000$275,000118.2%
Wayne8633.3%$576,603.99$698,750-17.5%
Wildrose30-$445,000$0-
Campton Hills706311.1%$443,750$420,0005.7%
Lily Lake39-66.7%$409,000$415,000-1.4%
Rainbow Hills13-66.7%$382,000$326,90016.9%
Geneva160180-11.1%$334,450$334,0000.1%
Batavia115137-16.1%$310,000$315,000-1.6%
St. Charles133175-24%$309,000$288,5007.1%
West Dundee41410%$289,000$234,80023.1%
Bowes12-50%$285,000$320,500-11.1%
* This story only considers sales data for the part of Wayne that is in Kane County.

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