Hinsdale (DuPage County) home prices rise in the second quarter of 2017

Hinsdale (DuPage County) home prices rise in the second quarter of 2017

The median sale price of a home sold in the second quarter of 2017 in Hinsdale in DuPage County rose by $132,500 while total sales increased by 3.8%, according to BlockShopper.com.

From April through June of 2017, there were 109 homes sold, with a median sale price of $907,500 – a 17.1% increase over the $775,000 median sale price for the same period of the previous year. There were 105 homes sold in Hinsdale in the second quarter of 2016.

The median sales tax in Hinsdale for 2017 was $13,459.52. In 2016, the median sales tax was $12,892.90. This marks an increase of 4.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.5%.

The following table compares Hinsdale to other DuPage County cities with similar median sales prices in the second quarter of 2017:

City Apr. – June 2017 Home Sales Apr. – June 2016 Home Sales % change (Total Home Sales) Apr. – June 2017 Median Sales Price Apr. – June 2016 Median Sales Price % change (Median Sales Price)
Hinsdale 109 105 3.8% $907,500 $775,000 17.1%
Oak Brook 40 36 11.1% $720,250 $732,000 -1.6%
Burr Ridge 31 33 -6.1% $565,000 $688,000 -17.9%
Clarendon Hills 63 56 12.5% $515,000 $447,500 15.1%
Wayne 5 8 -37.5% $448,000 $407,500 9.9%
Glen Ellyn 172 181 -5% $407,250 $425,000 -4.2%
Elmhurst 276 222 24.3% $385,000 $395,000 -2.5%
Glenbard South 19 19 0% $375,000 $350,000 7.1%
Medinah 7 8 -12.5% $365,000 $323,500 12.8%
Naperville 545 520 4.8% $345,000 $340,000 1.5%
Downers Grove 294 259 13.5% $341,000 $300,000 13.7%

* This story only considers sales data for the part of Hinsdale that is in DuPage County.



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