How did home prices perform in Burr Ridge (DuPage County) during the fourth quarter of 2021?

How did home prices perform in Burr Ridge (DuPage County) during the fourth quarter of 2021?
By DuPage Policy Journal

The median sale price of a home sold in the fourth quarter of 2021 in Burr Ridge in DuPage County fell by $50,000 while total sales decreased by 13.2%, according to BlockShopper.com.

From October through December of 2021, there were 33 homes sold, with a median sale price of $675,000 - a 6.9% decrease over the $725,000 median sale price for the same period of the previous year. There were 38 homes sold in Burr Ridge in the fourth quarter of 2020.

The median sales tax in Burr Ridge for the most recent year with available data, 2019, was $11,335, approximately 1.7% of the median home sale price for the fourth quarter of 2021.

The following table compares Burr Ridge to other DuPage County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Hinsdale105115-8.7%$850,000$782,0008.7%
Oak Brook544714.9%$737,500$765,000-3.6%
Burr Ridge3338-13.2%$675,000$725,000-6.9%
Wayne1012-16.7%$589,000$472,50024.7%
Glenbard South21205%$460,000$342,50034.3%
Naperville373423-11.8%$415,000$382,0008.6%
Clarendon Hills4871-32.4%$415,000$495,000-16.2%
Elmhurst216249-13.3%$403,000$452,500-10.9%
Glen Ellyn128155-17.4%$395,500$420,000-5.8%
Downers Grove230247-6.9%$392,500$340,00015.4%
Oakbrook Terrace121020%$380,000$237,50060%
* This story only considers sales data for the part of Burr Ridge that is in DuPage County.


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