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Kane County Reporter

Wednesday, June 26, 2024

Kane County home prices rose in May 2024 compared to May 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 May, the median sale price of a home in Kane County rose by $23,250 from the same period in the previous year, while total sales increased by 1.6%, according to BlockShopper.com.

Data shows that there were 512 homes sold in May, with a median sale price of $332,000 - a 7.5% increase over the $308,750 median sale price for the same period of the previous year. There were 504 homes sold in Kane County in May 2023.

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 May's median home sale price.

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

May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024$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$329,900$329,900$332,000$332,000

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