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Kane County Reporter

Saturday, November 23, 2024

What happened to the median home valuation price in Kane County in March 2024 compared to March 2023?

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Kane County Recorder Sandy Wegman (2023) | The Kane County Recorder’s Office

Kane County Recorder Sandy Wegman (2023) | The Kane County Recorder’s Office

In March, the median sale price of a home in Kane County rose by $10,000 from the same period in the previous year, while total sales decreased by 10.8%, according to BlockShopper.com.

Data shows that there were 356 homes sold in March, with a median sale price of $310,000 - a 3.3% increase over the $300,000 median sale price for the same period of the previous year. There were 399 homes sold in Kane County in March 2023.

For context, the median sales tax in Kane County, based on the latest available data from 2022, was $6,399, which stands at 2.1% of March's median home sale price.

The following histogram displays changes in median sales prices in Kane County from March 2023 to March 2024.

March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024$300,000$300,000$305,000$305,000$308,750$308,750$332,000$332,000$330,000$330,000$325,000$325,000$328,000$328,000$307,500$307,500$307,750$307,750$293,500$293,500$290,000$290,000$285,500$285,500$310,000$310,000

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