Medinah home prices fall in October 2019
The median sale price of a home sold in October 2019 in Medinah fell by $60,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.
In October 2019, there were three homes sold, with a median sale price of $335,000 - a 15.2% decrease over the $395,000 median sale price for the same period of the previous year. There were three homes sold in Medinah in October 2018, as well.
The median sales tax in Medinah for the most recent year with available data, 2018, was $7,065, approximately 2.1% of the median home sale price for October 2019.
The following table compares Medinah to other DuPage County cities with similar median sales prices in October 2019:
| City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Elmhurst | 52 | 53 | -1.9% | $412,500 | $350,000 | 17.9% |
| Glen Ellyn | 37 | 25 | 48% | $394,500 | $365,000 | 8.1% |
| Glenbard South | 3 | 6 | -50% | $390,000 | $298,250 | 30.8% |
| Wayne | 1 | 2 | -50% | $380,000 | $475,000 | -20% |
| Naperville | 103 | 129 | -20.2% | $375,000 | $325,000 | 15.4% |
| Medinah | 3 | 3 | 0% | $335,000 | $395,000 | -15.2% |
| Lisle | 26 | 20 | 30% | $332,500 | $279,569 | 18.9% |
| Downers Grove | 45 | 68 | -33.8% | $320,000 | $319,500 | 0.2% |
| Itasca | 9 | 8 | 12.5% | $310,000 | $330,500 | -6.2% |
| West Chicago | 17 | 20 | -15% | $310,000 | $255,000 | 21.6% |
| Darien | 25 | 22 | 13.6% | $292,000 | $271,000 | 7.7% |