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Kane County Reporter

Sunday, November 24, 2024

Kane County home prices rose in 2022

Realestate2

The median sale price of a home sold in 2022 in Kane County rose by $15,000 while total sales decreased by 22.3%.

From January through December of 2022, there were 7,527 homes sold, with a median sale price of $285,000 - a 5.6% increase over the $270,000 median sale price for the same period of the previous year. There were 9,689 homes sold in Kane County in 2021.

The median sales tax in Kane County for the most recent year with available data, 2021, was $6,147 approximately 2.2% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Kane County from January 2021 to December 2022.

20212022$270000$270000$285000$285000

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