Medinah home prices fall in December 2019
The median sale price of a home sold in December 2019 in Medinah fell by $86,500 while total sales increased by 250%, according to BlockShopper.com.
In December 2019, there were seven homes sold, with a median sale price of $306,500 - a 22% decrease over the $393,000 median sale price for the same period of the previous year. There were two homes sold in Medinah in December 2018.
The median sales tax in Medinah for the most recent year with available data, 2018, was $7,065, approximately 2.3% of the median home sale price for December 2019.
The following table compares Medinah to other DuPage County cities with similar median sales prices in December 2019:
| City | Dec. 2019 Home Sales | Dec. 2018 Home Sales | % change (Total Home Sales) | Dec. 2019 Median Sales Price | Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Woodridge | 12 | 35 | -65.7% | $326,500 | $220,000 | 48.4% |
| Darien | 18 | 31 | -41.9% | $315,000 | $300,000 | 5% |
| Downers Grove | 49 | 56 | -12.5% | $315,000 | $292,000 | 7.9% |
| Lisle | 14 | 30 | -53.3% | $312,500 | $217,500 | 43.7% |
| Bolingbrook | 2 | 2 | 0% | $306,500 | $341,250 | -10.2% |
| Medinah | 7 | 2 | 250% | $306,500 | $393,000 | -22% |
| Bartlett | 25 | 25 | 0% | $298,000 | $263,000 | 13.3% |
| West Chicago | 9 | 21 | -57.1% | $265,000 | $205,500 | 29% |
| Winfield | 10 | 8 | 25% | $249,500 | $363,000 | -31.3% |
| Bloomingdale | 24 | 36 | -33.3% | $248,000 | $266,610.50 | -7% |
| Villa Park | 31 | 22 | 40.9% | $242,000 | $195,000 | 24.1% |