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Kane County Reporter

Friday, November 22, 2024

Median home valuation prices in Kane County rose to $332,000 in June 2023 compared to June 2022

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In June 2023, the median sale price of a home in Kane County rose by $22,000 from the same period in the previous year, while total sales decreased by 21.8%, according to BlockShopper.com.

Data shows that there were 597 homes sold in June 2023, with a median sale price of $332,000 - a 7.1% increase over the $310,000 median sale price for the same period of the previous year. There were 763 homes sold in Kane County in June 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 June 2023's median home sale price.

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

June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023$310,000$310,000$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

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