In July 2019, there were 30 homes sold, with a median sale price of $284,950 - a 1.7% decrease over the $290,000 median sale price for the same period of the previous year. There were 40 homes sold in South Elgin in July 2018.
The median sales tax in South Elgin for the most recent year with available data, 2018, was $6,337, approximately 2.2% of the median home sale price for July 2019.
The following table compares South Elgin to other Kane County cities with similar median sales prices in July 2019:
City | July 2019 Home Sales | July 2018 Home Sales | % change (Total Home Sales) | July 2019 Median Sales Price | July 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hampshire | 14 | 16 | -12.5% | $301,500 | $244,500 | 23.3% |
Tanner Woods | 2 | 0 | - | $301,250 | $0 | - |
Gilberts | 23 | 16 | 43.8% | $299,500 | $212,250 | 41.1% |
Sugar Grove | 23 | 19 | 21.1% | $296,500 | $249,000 | 19.1% |
West Dundee | 8 | 11 | -27.3% | $290,000 | $245,000 | 18.4% |
South Elgin | 30 | 40 | -25% | $284,950 | $290,000 | -1.7% |
Elburn | 17 | 15 | 13.3% | $275,000 | $284,000 | -3.2% |
Prestbury | 7 | 7 | 0% | $270,000 | $320,000 | -15.6% |
Pingree Grove | 24 | 23 | 4.3% | $260,500 | $193,000 | 35% |
Lily Lake | 3 | 3 | 0% | $250,000 | $510,000 | -51% |
North Aurora | 36 | 33 | 9.1% | $247,500 | $263,000 | -5.9% |