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Kane County Reporter

Friday, November 22, 2024

Home prices increased in Sugar Grove during the first half of 2022

Realestate1

The median sale price of a home sold in the first half of 2022 in Sugar Grove rose by $6,355 while total sales decreased by 16.4 percent, according to BlockShopper.com.

From January through June, there were 112 homes sold, with a median sale price of $325,355 - a two percent increase over the $319,000 median sale price for the same period of the previous year. There were 134 homes sold in Sugar Grove in the first half of 2021.

The median sales tax in Sugar Grove for the most recent year with available data, 2019, was $8,202, approximately 2.5 percent of the median home sale price for the first half of 2022.

The following table compares Sugar Grove to other Kane County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Prestbury1725-32$370,000$290,00027.6
Elburn5681-30.9$370,000$290,00027.6
St. Charles272319-14.7$355,000$309,00014.9
Big Rock1118-38.9$330,000$268,72522.8
West Dundee5669-18.8$326,250$305,0007
Sugar Grove112134-16.4$325,355$319,0002
Hampshire7488-15.9$325,000$287,50013
Huntley87133-34.6$320,000$267,00019.9
Gilberts7695-20$308,000$267,50015.1
North Aurora127148-14.2$307,000$280,5009.4
Algonquin6378-19.2$300,000$261,10014.9

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