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Kane County Reporter

Monday, November 25, 2024

Falling home prices in Scraper-Moecherville in the first half of 2022

Realestate4

The median sale price of a home sold in the first half of 2022 in Scraper-Moecherville fell by $27,501 while total sales increased by 50 percent, according to BlockShopper.com.

From January through June, there were three homes sold, with a median sale price of $169,999 - a 13.9 percent decrease from the $197,500 median sale price for the same period of the previous year. There were two homes sold in Scraper-Moecherville in the first half of 2021.

The median sales tax in Scraper-Moecherville for the most recent year with available data, 2019, was $1,848, approximately 1.1 percent of the median home sale price for the first half of 2022.

The following table compares Scraper-Moecherville 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)
Fox River Estates13-66.7$268,500$273,500-1.8
Elgin705743-5.1$245,000$222,00010.4
Pingree Grove85101-15.8$240,000$210,10014.2
Montgomery958314.5$240,000$218,00010.1
East Dundee3243-25.6$239,950$210,00014.3
Almora Heights36-50$235,000$247,500-5.1
Carpentersville276280-1.4$219,950$185,50018.6
Maple Park161060$215,250$254,000-15.3
Aurora8688670.1$210,000$189,00011.1
Five Island Park110$206,000$137,50049.8
Scraper-Moecherville3250$169,999$197,500-13.9

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