Lombard home prices fall in March 2020
The median sale price of a home sold in March 2020 in Lombard fell by $38,000 while total sales decreased by 30%, according to BlockShopper.com.
In March 2020, there were 28 homes sold, with a median sale price of $220,000 - a 14.7% decrease over the $258,000 median sale price for the same period of the previous year. There were 40 homes sold in Lombard in March 2019.
The median sales tax in Lombard for the most recent year with available data, 2018, was $5,761, approximately 2.6% of the median home sale price for March 2020.
The following table compares Lombard to other DuPage County cities with similar median sales prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bloomingdale | 17 | 21 | -19% | $245,500 | $250,000 | -1.8% |
| Woodridge | 25 | 28 | -10.7% | $230,000 | $238,000 | -3.4% |
| Hanover Park | 9 | 24 | -62.5% | $229,500 | $204,500 | 12.2% |
| Willowbrook | 9 | 5 | 80% | $225,000 | $250,000 | -10% |
| West Chicago | 10 | 13 | -23.1% | $223,000 | $271,500 | -17.9% |
| Lombard | 28 | 40 | -30% | $220,000 | $258,000 | -14.7% |
| Addison | 23 | 16 | 43.8% | $218,000 | $212,500 | 2.6% |
| Glendale Heights | 20 | 18 | 11.1% | $213,500 | $187,000 | 14.2% |
| Oakbrook Terrace | 2 | 0 | - | $212,000 | $0 | - |
| Carol Stream | 22 | 35 | -37.1% | $208,000 | $245,000 | -15.1% |
| Aurora | 36 | 48 | -25% | $203,750 | $211,250 | -3.6% |