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Kane County Reporter

Wednesday, May 8, 2024

First half of 2022: Hampshire experienced a 13% increase in median home prices

Realestate5

The median sale price of a home sold in the first half of 2022 in Hampshire rose by $37,500 while total sales decreased by 15.9 percent, according to BlockShopper.com.

From January through June, there were 74 homes sold, with a median sale price of $325,000 - a 13 percent increase over the $287,500 median sale price for the same period of the previous year. There were 88 homes sold in Hampshire in the first half of 2021.

The median sales tax in Hampshire for the most recent year with available data, 2019, was $6,830, approximately 2.1 percent of the median home sale price for the first half of 2022.

The following table compares Hampshire 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)
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
South Elgin151185-18.4$295,000$271,0008.9

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