Quantcast

Kane County Reporter

Thursday, May 9, 2024

Rising home valuation prices in Kane County in July 2023 compared to July 2022

Realestate1

In July 2023, the median sale price of a home in Kane County rose by $15,000 from the same period in the previous year, while total sales decreased by 25.6%, according to BlockShopper.com.

Data shows that there were 495 homes sold in July 2023, with a median sale price of $330,000 - a 4.8% increase over the $315,000 median sale price for the same period of the previous year. There were 665 homes sold in Kane County in July 2022.

For context, the median sales tax in Kane County, based on the latest available data from 2022, was $6,399, which stands at 1.9% of July 2023's median home sale price.

The following histogram displays changes in median sales prices in Kane County from July 2022 to July 2023.

July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023$315,000$315,000$305,000$305,000$286,000$286,000$290,000$290,000$288,000$288,000$270,000$270,000$270,000$270,000$260,000$260,000$300,000$300,000$305,000$305,000$308,750$308,750$332,000$332,000$330,000$330,000

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS