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Kane County Reporter

Wednesday, November 27, 2024

Pingree Grove 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 Pingree Grove fell by $12,000 while total sales increased by 12.7%, according to BlockShopper.com.

From April through June of 2019, there were 62 homes sold, with a median sale price of $200,000 - a 5.7% decrease over the $212,000 median sale price for the same period of the previous year. There were 55 homes sold in Pingree Grove in the second quarter of 2018.

The median sales tax in Pingree Grove for the most recent year with available data, 2017, was $6,184, approximately 3.1% of the median home sale price for the second quarter of 2019.

The following table compares Pingree 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)
Huntley5461-11.5%$238,000$245,000-2.9%
Big Rock69-33.3%$225,000$226,000-0.4%
Maple Park7616.7%$223,000$243,700-8.5%
East Dundee1037-73%$210,950$165,00027.8%
Elgin3663543.4%$205,000$194,0005.7%
Pingree Grove625512.7%$200,000$212,000-5.7%
Five Island Park20-$195,000$0-
Kaneville3250%$186,000$96,55092.6%
Montgomery4449-10.2%$181,500$180,0000.8%
Tanner Woods220%$170,882.09$315,000-45.8%
Carpentersville132162-18.5%$170,750$168,7001.2%

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