How did home prices perform in Medinah during December 2021?
The median sale price of a home sold in December 2021 in Medinah fell by $262,500 while total sales increased by 50%, according to BlockShopper.com.
In December 2021, there were three homes sold, with a median sale price of $280,000 - a 48.4% decrease over the $542,500 median sale price for the same period of the previous year. There were two homes sold in Medinah in December 2020.
The median sales tax in Medinah for the most recent year with available data, 2019, was $7,369, approximately 2.6% of the median home sale price for December 2021.
The following table compares Medinah to other DuPage County cities with similar median sale prices in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Itasca | 6 | 8 | -25% | $310,000 | $270,000 | 14.8% |
| Bolingbrook | 2 | 0 | - | $303,000 | $0 | - |
| Bensenville | 16 | 11 | 45.5% | $297,000 | $240,000 | 23.8% |
| Carol Stream | 40 | 44 | -9.1% | $283,500 | $274,250 | 3.4% |
| Lombard | 68 | 57 | 19.3% | $280,500 | $252,000 | 11.3% |
| Medinah | 3 | 2 | 50% | $280,000 | $542,500 | -48.4% |
| Villa Park | 33 | 26 | 26.9% | $275,000 | $265,000 | 3.8% |
| Woodridge | 35 | 43 | -18.6% | $270,000 | $280,000 | -3.6% |
| Westmont | 37 | 34 | 8.8% | $265,000 | $228,750 | 15.8% |
| Roselle | 25 | 21 | 19% | $257,000 | $235,000 | 9.4% |
| Aurora | 91 | 71 | 28.2% | $255,000 | $280,000 | -8.9% |