In June 2021, there were 41 homes sold, with a median sale price of $330,000 - a 25% increase over the $264,000 median sale price for the same period of the previous year. There were 26 homes sold in South Elgin in June 2020.
The median sales tax in South Elgin for the most recent year with available data, 2019, was $6,464, approximately 2% of the median home sale price for June 2021.
The following table compares South Elgin to other Kane County cities with similar median sale prices in June 2021:
City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
St. Charles | 84 | 38 | 121.1% | $362,750 | $311,000 | 16.6% |
Hampshire | 17 | 11 | 54.5% | $335,000 | $190,000 | 76.3% |
Bowes | 1 | 1 | 0% | $335,000 | $310,000 | 8.1% |
Elburn | 17 | 8 | 112.5% | $330,000 | $353,950 | -6.8% |
Prestbury | 3 | 4 | -25% | $330,000 | $274,950 | 20% |
South Elgin | 41 | 26 | 57.7% | $330,000 | $264,000 | 25% |
Sleepy Hollow | 9 | 3 | 200% | $330,000 | $205,000 | 61% |
Batavia | 51 | 33 | 54.5% | $325,000 | $305,000 | 6.6% |
Sugar Grove | 26 | 18 | 44.4% | $323,750 | $246,575 | 31.3% |
Algonquin | 17 | 14 | 21.4% | $298,000 | $216,350 | 37.7% |
Huntley | 36 | 8 | 350% | $282,000 | $205,500 | 37.2% |