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Kane County Reporter

Sunday, November 24, 2024

Kane County home prices rose in the second half of 2022

Realestate1

The median sale price of a home sold in the second half of 2022 in Kane County rose by $19,275 while total sales decreased by 30.6%.

From July through December of 2022, there were 3,568 homes sold, with a median sale price of $295,275 - a 7% increase over the $276,000 median sale price for the same period of the previous year. There were 5,141 homes sold in Kane County in the second half of 2021.

The median sales tax in Kane County for the most recent year with available data, 2021, was $6,147 approximately 2.1% of the median home sale price for the second half of 2022.

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

July - Dec. 2021Jan. - June 2022July - Dec. 2022$276000$276000$277000$277000$295275$295275

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