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Kane County Reporter

Wednesday, November 27, 2024

Sugar Grove home prices rise 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 Sugar Grove rose by $2,500 while total sales decreased by 31.1%, according to BlockShopper.com.

From April through June of 2019, there were 51 homes sold, with a median sale price of $262,000 - a 1% increase over the $259,500 median sale price for the same period of the previous year. There were 74 homes sold in Sugar Grove in the second quarter of 2018.

The median sales tax in Sugar Grove for the most recent year with available data, 2017, was $7,816, approximately 3% of the median home sale price for the second quarter of 2019.

The following table compares Sugar Grove 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)
Bowes12-50%$285,000$320,500-11.1%
Elburn3041-26.8%$272,000$278,000-2.2%
Prestbury1518-16.7%$270,000$267,7500.8%
Sleepy Hollow1219-36.8%$268,250$280,000-4.2%
Gilberts474211.9%$265,000$227,00016.7%
Sugar Grove5174-31.1%$262,000$259,5001%
Williamsburg Green110%$260,000$459,000-43.4%
Almora Heights20-$252,500$0-
Hampshire4055-27.3%$250,300$257,000-2.6%
South Elgin96100-4%$249,950$255,750-2.3%
Marywood23-33.3%$247,500$215,00015.1%

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