Median home prices in Medinah rose to $557,500 in August 2021
The median sale price of a home sold in August 2021 in Medinah rose by $244,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.
In August 2021, there were two homes sold, with a median sale price of $557,500 - a 78.1% increase over the $313,000 median sale price for the same period of the previous year. There were two homes sold in Medinah in August 2020, as well.
The median sales tax in Medinah for the most recent year with available data, 2019, was $7,369, approximately 1.3% of the median home sale price for August 2021.
The following table compares Medinah to other DuPage County cities with similar median sale prices in August 2021:
| City | Aug. 2021 Home Sales | Aug. 2020 Home Sales | % change (Total Home Sales) | Aug. 2021 Median Sales Price | Aug. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hinsdale | 51 | 35 | 45.7% | $1,040,000 | $790,000 | 31.6% |
| Burr Ridge | 17 | 11 | 54.5% | $780,000 | $560,000 | 39.3% |
| Oak Brook | 16 | 18 | -11.1% | $630,000 | $707,500 | -11% |
| Glenbard South | 6 | 8 | -25% | $587,000 | $355,750 | 65% |
| Wayne | 5 | 3 | 66.7% | $575,000 | $550,000 | 4.5% |
| Medinah | 2 | 2 | 0% | $557,500 | $313,000 | 78.1% |
| Clarendon Hills | 25 | 21 | 19% | $450,000 | $440,000 | 2.3% |
| Elmhurst | 125 | 86 | 45.3% | $450,000 | $495,000 | -9.1% |
| Glen Ellyn | 58 | 50 | 16% | $446,000 | $563,250 | -20.8% |
| Naperville | 200 | 141 | 41.8% | $412,500 | $387,000 | 6.6% |
| Downers Grove | 119 | 96 | 24% | $375,000 | $331,500 | 13.1% |