How did home prices perform in Medinah during the second half of 2021?
The median sale price of a home sold in the second half of 2021 in Medinah fell by $38,000 while total sales decreased by 6.3%, according to BlockShopper.com.
From July through December of 2021, there were 15 homes sold, with a median sale price of $347,000 - a 9.9% decrease over the $385,000 median sale price for the same period of the previous year. There were 16 homes sold in Medinah in the second half of 2020.
The median sales tax in Medinah for the most recent year with available data, 2019, was $7,369, approximately 2.1% of the median home sale price for the second half of 2021.
The following table compares Medinah to other DuPage County cities with similar median sale prices in the second half of 2021:
| City | July - Dec. 2021 Home Sales | July - Dec. 2020 Home Sales | % change (Total Home Sales) | July - Dec. 2021 Median Sales Price | July - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Glen Ellyn | 305 | 311 | -1.9% | $417,500 | $442,500 | -5.6% |
| Naperville | 904 | 866 | 4.4% | $415,000 | $377,000 | 10.1% |
| Downers Grove | 551 | 519 | 6.2% | $384,000 | $340,000 | 12.9% |
| Wheaton | 582 | 520 | 11.9% | $370,000 | $336,750 | 9.9% |
| Darien | 249 | 225 | 10.7% | $349,000 | $320,000 | 9.1% |
| Medinah | 15 | 16 | -6.3% | $347,000 | $385,000 | -9.9% |
| Winfield | 101 | 108 | -6.5% | $347,000 | $311,000 | 11.6% |
| Bartlett | 252 | 206 | 22.3% | $345,000 | $300,000 | 15% |
| Bolingbrook | 11 | 7 | 57.1% | $332,000 | $300,000 | 10.7% |
| Itasca | 87 | 64 | 35.9% | $320,000 | $282,500 | 13.3% |
| Lisle | 202 | 212 | -4.7% | $320,000 | $310,000 | 3.2% |