Medinah home prices rise in 2019

Medinah home prices rise in 2019
By Metric Media News Service

The median sale price of a home sold in 2019 in Medinah rose by $29,500 while total sales increased by 26.9%, according to BlockShopper.com.

From January through December of 2019, there were 33 homes sold, with a median sale price of $375,000 - a 8.5% increase over the $345,500 median sale price for the previous year. There were 26 homes sold in Medinah in 2018.

The median sales tax in Medinah for the most recent year with available data, 2018, was $7,065, approximately 1.9% of the median home sale price for 2019.

The following table compares Medinah to other DuPage County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Oak Brook90109-17.4%$650,000$688,000-5.5%
Burr Ridge1059214.1%$555,000$531,5004.4%
Clarendon Hills1611535.2%$499,000$435,00014.7%
Wayne2530-16.7%$437,500$455,000-3.8%
Elmhurst7046439.5%$395,000$395,0000%
Medinah332626.9%$375,000$345,5008.5%
Glen Ellyn44737519.2%$365,000$366,000-0.3%
Naperville1,3431,429-6%$350,000$347,5000.7%
Downers Grove7527234%$329,500$320,0003%
Wheaton7477016.6%$325,000$320,0001.6%
Glenbard South5868-14.7%$320,000$320,0000%


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