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Kane County Reporter

Wednesday, November 27, 2024

Wayne (Kane County) home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Wayne in Kane County fell by $113,396 while total sales increased by 11.1%, according to BlockShopper.com.

From January through June of 2019, there were 10 homes sold, with a median sale price of $576,604 - a 16.4% decrease over the $690,000 median sale price for the same period of the previous year. There were nine homes sold in Wayne in the first half 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 first half of 2019.

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

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Novak Park13-66.7%$600,000$240,000150%
Wayne10911.1%$576,603.99$690,000-16.4%
Lily Lake415-73.3%$465,000$386,00020.5%
Wildrose31200%$445,000$210,000111.9%
Campton Hills103114-9.6%$437,500$407,5007.4%
Rainbow Hills24-50%$403,500$318,45026.7%
Tanner Woods36-50%$325,000$315,0003.2%
Geneva247273-9.5%$324,900$330,000-1.5%
Batavia182207-12.1%$303,000$309,900-2.2%
St. Charles210276-23.9%$295,300$284,9503.6%
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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